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Trustpilot Advances Share Buyback Strategy

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Trustpilot Advances Share Buyback Strategy

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Trustpilot Group Plc ( (GB:TRST) ) has provided an announcement.

Trustpilot Group Plc announced the purchase of 50,000 of its ordinary shares as part of a share buyback program initiated in September 2024. The company intends to cancel these shares, and since the start of the program, it has repurchased over 6.4 million shares at a cost of approximately £16.8 million, reflecting its strategy to manage its capital structure effectively.

More about Trustpilot Group Plc

Trustpilot Group Plc operates within the online reviews industry, offering a platform for consumers to review and rate businesses. Its services focus on enhancing customer trust and transparency in various market sectors.

YTD Price Performance: 12.70%

Average Trading Volume: 1,928,357

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.43B

See more data about TRST stock on TipRanks’ Stock Analysis page.

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