Trainline Executes Share Buyback, Cancels 425,020 Shares

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Trainline Executes Share Buyback, Cancels 425,020 Shares

An announcement from Trainline ( (GB:TRN) ) is now available.

Trainline has executed a share buyback program, purchasing 425,020 of its ordinary shares on the London Stock Exchange. The shares, bought at an average price of 284.66p, will be cancelled, reducing the total number of shares in issue to 438,724,975. This move is part of a previously announced program and aligns with shareholder authorizations, potentially impacting shareholder calculations under the Disclosure and Transparency Rules.

More about Trainline

Trainline is a leading independent rail and coach travel platform that sells tickets to millions of travelers worldwide. It offers a seamless experience for searching, booking, and managing journeys through its website and mobile app, aggregating routes, fares, and journey times from various carriers across Europe.

YTD Price Performance: -27.13%

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.58B

See more insights into TRN stock on TipRanks’ Stock Analysis page.

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