The latest update is out from Trainline ( (GB:TRN) ).
Trainline PLC has executed a share buyback program, purchasing 838,164 ordinary shares on the London Stock Exchange and Multilateral Trading Facilities. This action, part of a previously announced share purchase program, aims to manage the company’s share capital effectively. The purchased shares will be canceled, reducing the total number of shares in issue to 435,021,600. This move could potentially impact stakeholders by altering shareholding percentages and is in line with regulatory compliance under the Market Abuse Regulation.
More about Trainline
Trainline is the leading independent rail and coach travel platform, offering a comprehensive service for purchasing rail and coach tickets. It caters to millions of travelers worldwide through its website and mobile app, providing a seamless experience for searching, booking, and managing journeys across Europe.
YTD Price Performance: -28.78%
Technical Sentiment Signal: Buy
Current Market Cap: $1.51B
For a thorough assessment of TRN stock, go to TipRanks’ Stock Analysis page.