Completion of share buyback programme
Trustpilot completed £40m share buyback programme, purchasing 22.8m shares at average price of 175.62p.
- Shares purchased in programme 22,776,316
- Total cost of programme ~£39,999,999
- Average price per share 175.62p
- Shares purchased on 24 March 2026 111,698
- VWAP on 24 March 2026 203.09p
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Trustpilot Group plc ("Trustpilot" or the "Company") announces that on 24 March 2026, it purchased the following number of its ordinary shares of £0.01 each (the "Ordinary Shares") on the London Stock Exchange from Deutsche Bank AG, London Branch (trading for these purposes as Deutsche Numis) ("Deutsche Numis"), in accordance with the terms of the share buyback programme announced on 16 September 2025 (the "Buyback Programme").
| Date of purchase: | 24 March 2026 |
|---|---|
| Aggregate number of Ordinary Shares purchased: | 111,698 |
| Lowest price paid per share (GBp): | 197.50 |
| Highest price paid per share (GBp): | 212.00 |
| Volume weighted average price paid per share (GBp): | 203.09 |
Trustpilot intends to cancel all of the purchased shares.
These purchases successfully complete the Buyback Programme of up to £40 million announced on 16 September 2025 (as extended on 13 January 2026). Since 16 September 2025, the Company has purchased 22,776,316 Ordinary Shares for cancellation, at an average price of 175.62 pence per share, at a total cost (excluding dealing and associated costs) of ~£39,999,999.
As announced on 17 March 2026, Trustpilot will commence a further share buyback programme, of up to £22.5 million, on the trading day immediately following completion of the Buyback Programme announced on 16 September 2025. Full details of the further share buyback programme are set out in the announcement dated 17 March 2026.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018), a schedule of individual trades made by Deutsche Numis is available using the following link:
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.