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Trainline Executes Share Buyback, Adjusts Share Count

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Trainline Executes Share Buyback, Adjusts Share Count

Trainline ( (GB:TRN) ) has shared an announcement.

Trainline has executed a share buyback, purchasing 763,635 ordinary shares on the London Stock Exchange and Multilateral Trading Facilities. This move, part of a previously announced share purchase program, results in the cancellation of the acquired shares and adjusts the total number of shares in issue to 440,466,147. This transaction may impact shareholder calculations regarding their interest in the company, aligning with the Market Abuse Regulation.

More about Trainline

Trainline is the leading independent rail and coach travel platform, offering a comprehensive service for booking and managing rail and coach journeys across Europe. It provides a seamless experience for millions of travelers through its website and mobile app, consolidating routes, fares, and journey times from various carriers.

YTD Price Performance: -20.35%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.54B

For an in-depth examination of TRN stock, go to TipRanks’ Stock Analysis page.

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