tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Trustpilot Continues Share Buyback Strategy

Story Highlights
  • Trustpilot operates in the online review industry, enhancing consumer-business transparency.
  • Trustpilot bought back 93,996 shares, aiming to cancel them to enhance shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Trustpilot Continues Share Buyback Strategy

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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

Trustpilot Group Plc announced the purchase of 93,996 of its ordinary shares as part of its ongoing share buyback program. This move, part of a larger strategy initiated in March 2025, aims to cancel purchased shares, potentially impacting the company’s market positioning by reducing the number of shares in circulation and possibly increasing shareholder value.

The most recent analyst rating on (GB:TRST) stock is a Buy with a £220.00 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 and feedback about businesses. The company primarily focuses on enhancing transparency and trust between consumers and businesses across various sectors.

Average Trading Volume: 1,661,636

Technical Sentiment Signal: Buy

Current Market Cap: £983.8M

For a thorough assessment of TRST stock, go to 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