tiprankstipranks
Trustpilot Executes Share Buyback Strategy
Company Announcements

Trustpilot Executes Share Buyback Strategy

Story Highlights
  • Trustpilot purchased 50,000 shares at an average price of 333.89 GBp for cancellation.
  • Since September 2024, Trustpilot has repurchased 5,977,140 shares as part of its buyback programme.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

Trustpilot Group Plc ( (GB:TRST) ) just unveiled an announcement.

Trustpilot Group Plc has executed a share buyback, purchasing 50,000 of its ordinary shares at an average price of 333.89 GBp each, as part of a previously announced buyback programme. The company plans to cancel these shares to potentially enhance shareholder value and streamline its capital structure, having already bought back 5,977,140 shares since September 2024.

More about Trustpilot Group Plc

Trustpilot Group Plc operates within the online reviews industry, offering a platform for consumers to share feedback on businesses. It focuses on enhancing consumer trust and business transparency, and primarily serves a global market with its digital review services.

YTD Price Performance: 5.37%

Average Trading Volume: 1,956,153

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.43B

Learn more about TRST stock on TipRanks’ Stock Analysis page.

Related Articles
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