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Trustpilot Continues Share Buyback, Cancels Additional Shares

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Trustpilot Continues Share Buyback, Cancels Additional Shares

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

Trustpilot Group plc has continued its ongoing share buyback programme, repurchasing 2,676 ordinary shares on 10 March 2026 at a volume-weighted average price of 156.49 pence per share. The company intends to cancel all of these shares as part of its capital management strategy.

Since launching the buyback in September 2025, Trustpilot has acquired 21,846,197 shares for cancellation at a total cost of about £38.4 million, excluding fees. The continued reduction of the share count is likely to enhance earnings per share and signals management’s confidence in the company’s valuation, with implications for existing shareholders and the stock’s trading dynamics.

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 across a range of sectors, helping users share feedback and companies build and manage their reputations. Listed on the London Stock Exchange, the company focuses on leveraging user-generated reviews to enhance transparency and trust in digital commerce and services.

Average Trading Volume: 3,380,163

Technical Sentiment Signal: Sell

Current Market Cap: £629.6M

For detailed information about TRST stock, go to TipRanks’ Stock Analysis page.

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