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Trustpilot Group Plc ( (GB:TRST) ) has shared an update.
Trustpilot Group Plc has announced the repurchase of 50,000 of its ordinary shares at an average price of 285.49 GBp as part of its ongoing share buyback program. This move, which aims to cancel all repurchased shares, reflects Trustpilot’s strategic efforts to manage its share capital and potentially enhance shareholder value. Since the initiation of the buyback program, the company has repurchased over 5.5 million shares, indicating a significant commitment to this financial strategy.
More about Trustpilot Group Plc
Trustpilot Group Plc is a prominent company in the consumer review industry, primarily offering a platform for users to review and rate their experiences with various businesses. The company focuses on providing transparent and reliable feedback to help consumers make informed decisions.
YTD Price Performance: -6.03%
Average Trading Volume: 1,954,554
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.2B
For detailed information about TRST stock, go to TipRanks’ Stock Analysis page.
