Business
Share Buyback Programme
Trustpilot Group plc announced a new share buyback programme of up to £22.5 million, which will commence immediately after the completion of its previously announced 2025 buyback programme. The company is committed to returning excess capital to shareholders, and this programme, managed by Deutsche Numis, aims to reduce share capital with purchased shares intended for cancellation. The buyback will occur on the London Stock Exchange and other trading venues, subject to shareholder authorities and regulatory compliance, with purchases potentially continuing until 31 December 2026 if a new shareholder authority is approved at the 2026 AGM. Disclaimer*
About this update from Trustpilot Group Plc
[{"type":"text","content":"\n\n \n17 March 2026\nTrustpilot Group plc\n \nShare Buyback Programme\n \nTrustpilot Group plc (\"Trustpilot\" or the \"Company\") announces that it will commence a share buyback programme of up to £22.5 million (the \"Buyback Programme\"). The Buyback Programme will commence on the trading day immediately following the date of completion of the share buyback programme announced on 16 September 2025 (the \"2025 Buyback Programme\"). As previously stated, the Company is committed to running an efficient balance sheet and returning excess capital, not required for other priorities, to shareholders.\n \nPurchases under the Buyback Programme will be conditional on compliance with all legal and regulatory requirements.\n \nTrustpilot has entered into an agreement with Deutsche Bank AG, London Branch (trading for these purposes as Deutsche Numis) (\"Deutsche Numis\") to purchase Trustpilot's Ordinary Shares up to a maximum aggregate consideration (excluding expenses) of £22.5 million (which would amount to approximately US$30 million at prevailing exchange rates) under the Buyback Programme. Deutsche Numis will manage the purchases on a non-discretionary basis, purchasing Ordinary Shares within certain pre-set parameters and making its trading decisions independently of, and uninfluenced by, Trustpilot.\n \nThe purchase of Ordinary Shares, which may commence on the trading day immediately following the date of completion of the 2025 Buyback Programme, will be carried out on the London Stock Exchange and other trading venues and in accordance with share purchase authorities granted to the Company by its shareholders at the 2025 Annual General Meeting. Deutsche Numis will purchase any Ordinary Shares as principal and simultaneously be deemed to execute on-market sales of any Ordinary Shares so purchased to the Company in accordance with the agreement.\n \nThe sole purpose of the Buyback Programme is to reduce the share capital of Trustpilot. It is intended that all Ordinary Shares purchased under the Buyback Programme will be cancelled.\n \nThe Buyback Programme will be conducted within certain pre-set parameters and in accordance with the general authority to repurchase Ordinary Shares granted by Trustpilot's shareholders at the 2025 Annual General Meeting (the \"Authority\"), and with a future ...