tiprankstipranks
Trustpilot Proposes Share Premium Cancellation for Flexibility
Company Announcements

Trustpilot Proposes Share Premium Cancellation for Flexibility

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

Trustpilot Group Plc has announced the scheduling of its Annual General Meeting (AGM) for May 21, 2024, where shareholders will vote on a proposed cancellation of the company’s share premium account. If approved, this move would increase the company’s distributable reserves, offering greater flexibility for future share repurchases, dividend payments, and other distributions in alignment with its capital allocation policy. The AGM details and the share premium account cancellation proposal are available for shareholders to review on Trustpilot’s and the Financial Conduct Authority’s websites.

For further insights into GB:TRST stock, check out TipRanks’ Stock Analysis page.

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles