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An announcement from Trustpilot Group Plc ( (GB:TRST) ) is now available.
Trustpilot Group Plc has executed a share buyback transaction, purchasing 45,320 of its ordinary shares from Berenberg on the London Stock Exchange. This move is part of their ongoing share buyback program, initiated in September 2024, aimed at enhancing shareholder value through the cancellation of purchased shares. Since the program’s inception, Trustpilot has bought back over 6.5 million shares, reflecting a strategic effort to optimize capital allocation and potentially improve the company’s market positioning.
More about Trustpilot Group Plc
Trustpilot Group Plc is a company operating in the online review industry, providing a platform for consumers to share and read reviews about businesses. The company focuses on fostering trust and transparency in the marketplace, connecting businesses with customers through credible and authentic feedback.
YTD Price Performance: 14.33%
Average Trading Volume: 1,929,216
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.45B
For an in-depth examination of TRST stock, go to TipRanks’ Stock Analysis page.
