Trainline Executes Share Buyback, Cancels 180,000 Shares

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

Trainline PLC has executed a share buyback program, purchasing 180,000 of its ordinary shares on the London Stock Exchange and Multilateral Trading Facilities. The shares, bought at an average price of 266.38p, will be cancelled, reducing the total number of shares in issue to 419,823,458. This move is part of a previously announced share purchase program and aligns with shareholder approval from the 2025 Annual General Meeting, potentially impacting shareholder calculations under the Disclosure and Transparency Rules.

The most recent analyst rating on (GB:TRN) stock is a Buy with a £445.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Spark’s Take on GB:TRN Stock

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

Trainline’s overall stock score is driven by strong financial performance and positive corporate events, such as share buybacks and improved liquidity. However, technical analysis shows bearish momentum, and valuation metrics suggest moderate attractiveness. The absence of a dividend yield is a minor drawback.

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

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 through its website and mobile app. It aggregates millions of routes, fares, and journey times from various carriers, catering to a global customer base.

Average Trading Volume: 947,456

Technical Sentiment Signal: Sell

Current Market Cap: £1.07B

For a thorough assessment of TRN stock, go to TipRanks’ Stock Analysis page.