tiprankstipranks
Trending News
More News >

Trustpilot Executes Share Buyback as Part of Strategic Program

Story Highlights
Trustpilot Executes Share Buyback as Part of Strategic Program

The latest update is out from Trustpilot Group Plc ( (GB:TRST) ).

Trustpilot Group Plc has repurchased 50,000 of its ordinary shares as part of a buyback program initiated on 18 March 2025. The company plans to cancel these shares, contributing to a total of 2,223,144 shares bought back since the program’s inception, at a cost of approximately £5.24 million. This move is likely aimed at consolidating ownership and potentially increasing shareholder value.

More about Trustpilot Group Plc

Trustpilot Group Plc operates in the online reviews industry, providing a platform for consumers to share feedback on businesses and services. The company focuses on enhancing transparency and trust in the marketplace by allowing users to post and read reviews about various companies.

YTD Price Performance: -39.19%

Average Trading Volume: 2,188,693

Technical Sentiment Signal: Strong Buy

Current Market Cap: £797.1M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App