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Trustpilot Executes Share Buyback to Enhance Shareholder Value

Story Highlights
  • Trustpilot operates in the online review industry, enhancing consumer-business transparency.
  • Trustpilot repurchased 47,250 shares as part of a buyback program to enhance shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

An announcement from Trustpilot Group Plc ( (GB:TRST) ) is now available.

Trustpilot Group Plc has executed a share buyback program, purchasing 47,250 of its ordinary shares on the London Stock Exchange on March 27, 2025. This move is part of a broader initiative announced on March 18, 2025, to repurchase shares for cancellation, totaling 1,723,144 shares at a cost of approximately £4.14 million. The buyback program is expected to impact the company’s share capital structure by reducing the number of outstanding shares, potentially enhancing shareholder value.

More about Trustpilot Group Plc

Trustpilot Group Plc operates in the online review industry, providing a platform for consumers to share and read reviews about businesses. The company focuses on enhancing transparency and trust between consumers and businesses across various markets.

YTD Price Performance: -18.40%

Average Trading Volume: 1,962,612

Technical Sentiment Signal: Hold

Current Market Cap: £1.03B

See more insights into TRST stock on TipRanks’ Stock Analysis page.

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