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Trainline Executes Share Buyback, Cancels Shares

Trainline Executes Share Buyback, Cancels Shares

Trainline (GB:TRN) has released an update.

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Trainline PLC has announced a significant purchase of its own ordinary shares, with a total of 78,651 shares bought at prices ranging from 297.40p to 307.60p each, resulting in a volume weighted average price of 301.42p per share. This action is part of a share buyback program that was previously announced, and these shares will subsequently be cancelled. Following this transaction, Trainline’s total number of shares in issue is reduced to 456,476,224 and the company confirms it holds no shares in Treasury.

For further insights into GB:TRN stock, check out TipRanks’ Stock Analysis page.

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