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Trainline Cancels Another Tranche of Shares Under £150m Buyback

Story Highlights
  • Trainline repurchased 1.18 million shares in late March under its ongoing £150 million buyback programme.
  • Total buybacks now reach 40.3 million shares, cutting the share count to 375.1 million and potentially boosting EPS for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Trainline Cancels Another Tranche of Shares Under £150m Buyback

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Trainline ( (GB:TRN) ) has issued an update.

Trainline has continued executing its £150 million share buyback programme, repurchasing 1,176,844 ordinary shares between 23 and 27 March 2026 on the London Stock Exchange and multilateral trading facilities through Morgan Stanley. The shares, bought at volume‑weighted average prices ranging from about 209.69p to 214.49p, will be cancelled as part of the capital management initiative.

Since the programme began, Trainline has acquired 40,288,417 shares for a total of £88.1 million, reducing its share count and potentially enhancing earnings per share and capital returns for investors. Following this latest tranche of repurchases, the company will have 375,113,882 ordinary shares in issue, a new denominator for shareholders and other market participants when calculating disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:TRN) stock is a Buy with a £330.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Spark’s Take on TRN Stock

According to Spark, TipRanks’ AI Analyst, TRN is a Neutral.

The score is supported primarily by strong financial performance (improving margins, solid ROE, and healthy cash generation) and a reasonable P/E valuation, but is held back by weak technicals with the share price below all key moving averages and a negative MACD.

To see Spark’s full report on TRN stock, click here.

More about Trainline

Trainline is a leading independent rail and coach travel platform that sells tickets to millions of passengers worldwide through its website and mobile app. The company acts as a one‑stop shop for rail and coach travel across Europe, aggregating routes, fares and journey times from multiple carriers to enable seamless search, booking and journey management.

YTD Price Performance: -5.72%

Average Trading Volume: 2,773,546

Technical Sentiment Signal: Sell

Current Market Cap: £767.8M

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

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