Trustpilot Group Plc ( (GB:TRST) ) has shared an update.
Trustpilot Group Plc announced the purchase of 31,794 of its ordinary shares as part of a share buyback program initiated on 18 March 2025. The company plans to cancel these shares, having already acquired a total of 1,675,894 shares for cancellation, costing approximately £4,023,224. This move 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 in the online review industry, providing a platform for consumers to share feedback and reviews about businesses. The company focuses on enhancing transparency and trust between consumers and companies across various sectors.
YTD Price Performance: -19.22%
Average Trading Volume: 1,959,032
Technical Sentiment Signal: Hold
Current Market Cap: £958.7M
For an in-depth examination of TRST stock, go to TipRanks’ Stock Analysis page.