tiprankstipranks
Trending News
More News >

Trustpilot Advances Share Buyback Programme with Latest Purchase

Story Highlights
  • Trustpilot operates in the online review industry, enhancing trust between consumers and businesses.
  • Trustpilot repurchased 50,000 shares for cancellation, part of a strategy to enhance shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Trustpilot Advances Share Buyback Programme with Latest Purchase

Don’t Miss TipRanks’ Half-Year Sale

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

Trustpilot Group Plc announced the repurchase of 50,000 of its ordinary shares on the London Stock Exchange as part of its ongoing share buyback programme. The company plans to cancel these shares, which is part of a broader strategy to enhance shareholder value, having already purchased over 4.2 million shares since March 2025, at a cost of approximately £9.8 million.

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.

The overall stock score is driven primarily by strong financial performance, but technical analysis indicates bearish trends, and valuation is concerning due to an extremely high P/E ratio without a dividend yield. The absence of earnings call data and corporate events leaves these areas unaddressed.

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 businesses across various markets.

Average Trading Volume: 2,179,785

Technical Sentiment Signal: Sell

Current Market Cap: £973.2M

Learn more about TRST stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1