tiprankstipranks
Trending News
More News >

Trustpilot Executes Share Buyback to Enhance Shareholder Value

Story Highlights
Trustpilot Executes Share Buyback to Enhance Shareholder Value

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

Trustpilot Group Plc has announced the purchase of 50,000 of its own ordinary shares as part of a share buyback program initiated on 18 March 2025. The company plans to cancel all purchased shares, which is part of a broader strategy to enhance shareholder value by reducing the number of shares in circulation, potentially increasing the value of remaining shares.

More about Trustpilot Group Plc

Trustpilot Group Plc operates in the online review industry, providing a platform for consumers to share feedback on businesses and services. The company focuses on enhancing transparency and trust between consumers and companies by offering a space for authentic customer reviews.

YTD Price Performance: -23.94%

Average Trading Volume: 2,027,180

Technical Sentiment Signal: Buy

Current Market Cap: £958.2M

For an in-depth examination of TRST stock, go to 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