Trip.com Group Announces Share Repurchase Agreement with MakeMyTrip

Trip.com Group Sponsored ADR ( (TCOM) ) has shared an announcement.

On June 16, 2025, Trip.com Group Limited announced a share repurchase agreement with MakeMyTrip Limited, an investee company, to sell a portion of its Class B ordinary shares back to MakeMyTrip. This strategic move aims to optimize Trip.com’s investment portfolio and enhance shareholder returns while maintaining its position as the largest minority shareholder in MakeMyTrip. The repurchase is contingent upon MakeMyTrip’s public offering of ordinary shares and convertible senior notes, with Trip.com agreeing to a 180-day lock-up period. This transaction underscores Trip.com’s commitment to supporting MakeMyTrip’s growth and reflects its strategic focus on investment optimization.

The most recent analyst rating on (TCOM) stock is a Buy with a $67.00 price target. To see the full list of analyst forecasts on Trip.com Group Sponsored ADR stock, see the TCOM Stock Forecast page.

Spark’s Take on TCOM Stock

According to Spark, TipRanks’ AI Analyst, TCOM is a Outperform.

Trip.com Group Ltd. scores well overall due to strong earnings call results and solid financial performance, despite concerns over cash flow. Valuation and technical analysis indicate moderate potential, with the earnings call being the most significant positive contributor.

To see Spark’s full report on TCOM stock, click here.

More about Trip.com Group Sponsored ADR

Trip.com Group Limited is a leading global one-stop travel platform that offers a comprehensive suite of travel products and services, including accommodation reservations, transportation ticketing, packaged tours, and corporate travel management. It is a popular destination for travelers in Asia and globally, operating under brands such as Ctrip, Qunar, Trip.com, and Skyscanner.

Average Trading Volume: 3,521,160

Technical Sentiment Signal: Buy

Current Market Cap: $39.79B

Find detailed analytics on TCOM stock on TipRanks’ Stock Analysis page.