Trainline Executes Share Buyback, Cancels 180,000 Shares

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

Trainline PLC announced the purchase of 180,000 of its ordinary shares as part of a share buyback program, with the shares being cancelled post-purchase. This transaction reduces the total number of shares in issue to 419,643,458, 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. It provides a one-stop shop experience through its website and mobile app, catering to millions of travelers worldwide.

Average Trading Volume: 947,456

Technical Sentiment Signal: Sell

Current Market Cap: £1.07B

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