Trainline Executes Share Buyback Program

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

Trainline plc has executed a share buyback program, purchasing 180,000 ordinary shares at an average price of 267.52 pence per share. This move, in accordance with the authority granted by shareholders, reduces the total number of shares in issue to 421,623,458, potentially impacting shareholder calculations under the Disclosure and Transparency Rules.

The most recent analyst rating on (GB:TRN) stock is a Buy with a £405.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Spark’s Take on GB:TRN Stock

According to Spark, TipRanks’ AI Analyst, GB:TRN is a Neutral.

Trainline’s overall stock score reflects strong financial performance and positive corporate events. However, the technical analysis suggests bearish market momentum, and the valuation indicates limited upside potential without a dividend yield. The absence of earnings call data limits the assessment of future guidance and sentiment.

To see Spark’s full report on GB:TRN stock, click here.

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 for millions of routes, fares, and journey times through its website and mobile app.

Average Trading Volume: 1,135,058

Technical Sentiment Signal: Sell

Current Market Cap: £1.08B

Learn more about TRN stock on TipRanks’ Stock Analysis page.