The latest announcement is out from Trustpilot Group Plc ( (GB:TRST) ).
Trustpilot Group Plc has announced an update to its share buyback program, initially disclosed on 18 March 2025, which involves purchasing up to £20 million of its ordinary shares. The company has now expanded the venues for these purchases beyond the London Stock Exchange. On 20 March 2025, Trustpilot acquired 303,050 shares at a volume-weighted average price of 244.95 GBp, with plans to cancel all acquired shares. Since the program’s inception, the company has bought 787,100 shares for approximately £1,960,646, excluding additional costs. This buyback initiative is expected to impact Trustpilot’s market positioning by potentially increasing shareholder value and optimizing capital structure.
More about Trustpilot Group Plc
Trustpilot Group Plc operates in the online review industry, providing a platform for consumers to share reviews and opinions about businesses and services. The company focuses on enhancing transparency and trust between consumers and businesses through its review services.
YTD Price Performance: -21.50%
Average Trading Volume: 1,821,162
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £1.02B
Learn more about TRST stock on TipRanks’ Stock Analysis page.