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Trainline ( (GB:TRN) ) has shared an update.
Trainline plc has executed a share buyback, purchasing 114,449 of its ordinary shares on the London Stock Exchange and Multilateral Trading Facilities as part of a previously announced program. This move, in line with shareholder authority granted at the 2024 Annual General Meeting, results in a total of 449,390,865 shares remaining in issue after the purchased shares are canceled. The event underscores Trainline’s financial strategy and could have implications for shareholder value and market positioning.
More about Trainline
Trainline is a leading independent rail and coach travel platform that sells tickets to millions of travelers worldwide. It allows users to search, book, and manage their journeys through its website and mobile app, offering a comprehensive service for rail and coach travel across Europe.
YTD Price Performance: -6.30%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.11B
See more insights into TRN stock on TipRanks’ Stock Analysis page.
