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Trustpilot Advances Share Buyback with Latest Share Acquisition

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Trustpilot Advances Share Buyback with Latest Share Acquisition

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An announcement from Trustpilot Group Plc ( (GB:TRST) ) is now available.

Trustpilot Group Plc has announced the purchase of 50,000 of its ordinary shares on the London Stock Exchange, as part of its ongoing share buyback programme initiated in September 2024. This move signifies Trustpilot’s strategic effort to enhance shareholder value, with plans to cancel all acquired shares, marking a significant reduction in its share capital by 6,561,946 shares since the programme’s inception.

More about Trustpilot Group Plc

Trustpilot Group Plc operates in the online reviews industry, providing a platform for businesses and consumers to connect through the sharing of reviews and feedback. The company primarily focuses on enabling trust and transparency between companies and their customers globally.

YTD Price Performance: 14.33%

Average Trading Volume: 1,929,216

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.45B

For an in-depth examination of TRST stock, go to TipRanks’ Stock Analysis page.

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