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Trustpilot Advances Share Buyback Strategy with Latest Purchase

Story Highlights
  • Trustpilot operates in the online review industry, enhancing transparency between consumers and businesses.
  • Trustpilot purchased 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 Strategy with Latest Purchase

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

Trustpilot Group Plc has announced the purchase of 50,000 of its own ordinary shares on the London Stock Exchange as part of its ongoing share buyback programme initiated on 18 March 2025. This move is part of a broader strategy to cancel purchased shares, having already acquired 5,950,620 shares for cancellation, reflecting a financial strategy to potentially enhance shareholder value and optimize capital structure.

The most recent analyst rating on (GB:TRST) stock is a Buy with a £410.00 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, including robust revenue growth and efficient cash flow management. Technical indicators suggest a lack of strong buying momentum, and valuation metrics indicate the stock may be overvalued, which could pose a risk if earnings growth does not accelerate.

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 reviews of businesses and services. The company focuses on enhancing transparency and trust between consumers and businesses through its review services.

Average Trading Volume: 1,652,707

Technical Sentiment Signal: Buy

Current Market Cap: £1.05B

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

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