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Trainline ( (GB:TRN) ) just unveiled an update.
Trainline PLC has executed a share buyback, purchasing 114,499 ordinary shares at prices ranging from 394.00p to 401.20p, with a volume-weighted average price of 397.25p. The purchased shares will be canceled, reducing the number of shares in issue to 449,505,314. This move, conducted under the share purchase program authorized in 2024, is part of Trainline’s strategy to manage its capital structure, potentially impacting shareholder value and market perception.
More about Trainline
Trainline is a leading independent rail and coach travel platform that offers a comprehensive service for booking and managing rail and coach journeys. It serves millions of travelers worldwide through its website and mobile app, providing access to millions of routes, fares, and journey times from various carriers across Europe.
YTD Price Performance: -6.30%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.11B
For detailed information about TRN stock, go to TipRanks’ Stock Analysis page.
