Trustpilot Executes Share Buyback, Cancelling 50,000 Shares

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

Trustpilot Group PLC has engaged in a share buyback program, purchasing 50,000 of its own shares on the London Stock Exchange as part of a broader initiative announced in September 2024. This move, which involves the cancellation of purchased shares, is part of Trustpilot’s strategy to manage its capital structure and potentially enhance shareholder value.

More about Trustpilot Group Plc

Trustpilot Group PLC operates within the online reviews industry, providing a platform for businesses to collect and showcase customer reviews. The company focuses on enhancing the transparency and reliability of consumer feedback, serving various sectors globally.

YTD Price Performance: 107.41%

Average Trading Volume: 2,001,416

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.27B

For a thorough assessment of TRST stock, go to TipRanks’ Stock Analysis page.