tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Trustpilot Executes Share Buyback to Enhance Shareholder Value

Story Highlights
Trustpilot Executes Share Buyback to Enhance Shareholder Value

TipRanks Black Friday Sale

An announcement from Trustpilot Group Plc ( (GB:TRST) ) is now available.

Trustpilot Group Plc has announced the purchase of 230,000 of its own ordinary shares on the London Stock Exchange as part of its ongoing share buyback program. The company plans to cancel these shares, contributing to a total of 6,455,460 shares bought back since September 2025, which reflects Trustpilot’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:TRST) stock is a Hold with a £186.00 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.

Trustpilot Group Plc’s financial performance is a strong point, with significant revenue growth and improving profitability metrics. However, the technical analysis indicates bearish momentum, and the valuation suggests the stock is overvalued with a very high P/E ratio. These factors contribute to a moderate overall stock score.

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 ratings of businesses. The company’s primary service is facilitating consumer feedback and business transparency, focusing on enhancing trust and credibility in the market.

Average Trading Volume: 2,104,170

Technical Sentiment Signal: Sell

Current Market Cap: £710.4M

For an in-depth examination of TRST stock, go to TipRanks’ Overview 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