Trainline ( (GB:TRN) ) just unveiled an update.
Trainline plc has executed a share buyback program, purchasing 446,479 of its ordinary shares on the London Stock Exchange and Multilateral Trading Facilities. This move, part of a previously announced share purchase program, will result in the cancellation of the acquired shares, reducing the total number of shares in issue to 434,575,121. This action is aligned with the authority granted by shareholders and complies with relevant market regulations, potentially impacting shareholder calculations regarding their interest in the company.
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 for travelers through its website and mobile app, aggregating routes, fares, and journey times from various carriers.
YTD Price Performance: -28.78%
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.51B
For detailed information about TRN stock, go to TipRanks’ Stock Analysis page.