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Trustpilot Advances Share Buyback Program with Latest Purchase

Story Highlights
  • Trustpilot operates in the online review industry, enhancing transparency between consumers and companies.
  • Trustpilot purchased 50,000 shares for cancellation, part of a broader buyback program to optimize capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Trustpilot Advances Share Buyback Program with Latest Purchase

Confident Investing Starts Here:

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

Trustpilot Group Plc has announced the purchase of 50,000 of its ordinary shares on the London Stock Exchange as part of its ongoing share buyback program initiated in March 2025. The company plans to cancel these shares, contributing to a total of 3,681,490 shares purchased for cancellation, aimed at optimizing capital structure and potentially enhancing shareholder value.

The most recent analyst rating on (GB:TRST) stock is a Buy with a £215.00 price target. To see the full list of analyst forecasts on Trustpilot Group Plc stock, see the GB:TRST Stock Forecast page.

Spark’s Take on GB:TRST Stock

According to Spark, TipRanks’ AI Analyst, GB:TRST is a Neutral.

Trustpilot Group Plc’s stock score is primarily influenced by its strong financial performance and operational improvements, which are overshadowed by its high valuation. The technical analysis presents a mixed outlook with short-term strength but longer-term caution. Without additional positive indicators or events, the high P/E ratio remains a significant concern.

To see Spark’s full report on GB:TRST stock, click here.

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 through its review services.

Average Trading Volume: 2,136,987

Technical Sentiment Signal: Sell

Current Market Cap: £948.5M

For a thorough assessment of TRST stock, go to TipRanks’ Stock Analysis page.

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