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Trustpilot Cancels Further Shares After £39m Buyback Drive

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Trustpilot Cancels Further Shares After £39m Buyback Drive

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Trustpilot Group Plc ( (GB:TRST) ) just unveiled an announcement.

Trustpilot Group plc has repurchased 310,236 of its ordinary shares on the London Stock Exchange on 12 March 2026 as part of its ongoing buyback programme, paying a volume-weighted average price of 164.18 pence per share. The company intends to cancel all of these shares, continuing a capital management strategy that has seen 22,330,510 shares bought back for cancellation since September 2025 at a total cost of about £39.2 million, which is likely to enhance earnings per share and signal confidence in its long-term prospects to investors.

The most recent analyst rating on (GB:TRST) stock is a Hold with a £182.00 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 score is primarily driven by improving financial performance (strong growth and solid cash generation). This is tempered by very expensive valuation (P/E 1051) and overbought technical signals (RSI 72.86, Stoch 93.63) despite an overall positive trend.

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

More about Trustpilot Group Plc

Trustpilot Group plc operates an online review platform that connects consumers with businesses, enabling users to share feedback on products and services across multiple sectors. Listed on the London Stock Exchange, the company focuses on building trust and transparency in digital commerce by aggregating and showcasing verified customer reviews.

Average Trading Volume: 3,383,504

Technical Sentiment Signal: Sell

Current Market Cap: £652.6M

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

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