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An update from Trainline ( (GB:TRN) ) is now available.
Trainline announced the repurchase of 126,414 of its ordinary shares on the London Stock Exchange as part of a buyback program initiated in May 2024. This transaction, in accordance with shareholder authority from the 2024 Annual General Meeting, will result in the cancellation of these shares, impacting the total number of shares in circulation. The buyback is facilitated by Morgan Stanley & Co. International Plc, aligning with regulatory requirements and potentially affecting stakeholder interests by adjusting the shareholding structure.
More about Trainline
Trainline is the leading independent rail and coach travel platform, offering a comprehensive service for purchasing rail and coach tickets globally. Through its website and mobile app, Trainline provides a seamless experience for travelers by integrating millions of routes, fares, and journey times from various rail and coach carriers across Europe.
YTD Price Performance: -5.04%
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $2.1B
Find detailed analytics on TRN stock on TipRanks’ Stock Analysis page.
