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Trainline ( (GB:TRN) ) has issued an announcement.
Trainline has executed a share buyback program, purchasing 250,000 of its ordinary shares on the London Stock Exchange and Multilateral Trading Facilities. The shares, bought at a volume-weighted average price of 292.84p, will be canceled, reducing the total number of shares in issue to 415,995,072. This move is part of a previously announced share purchase program and aligns with the authority granted by shareholders at the 2025 Annual General Meeting. The announcement provides transparency for shareholders regarding their notification obligations under the Disclosure and Transparency Rules.
The most recent analyst rating on (GB:TRN) stock is a Buy with a £329.00 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 Outperform.
Trainline’s strong financial performance and positive technical indicators are the primary drivers of its stock score. The company’s robust revenue and profitability growth, coupled with bullish market momentum, support a favorable outlook. However, the valuation is moderate, and the stock is approaching overbought levels, which could limit short-term gains.
To see Spark’s full report on GB:TRN stock, click here.
More about Trainline
Trainline is a leading independent rail and coach travel platform that sells tickets to millions of travelers worldwide. It offers a seamless experience for searching, booking, and managing journeys via its website and mobile app, aggregating routes, fares, and journey times from various rail and coach carriers across Europe.
Average Trading Volume: 1,019,538
Technical Sentiment Signal: Hold
Current Market Cap: £1.21B
Learn more about TRN stock on TipRanks’ Stock Analysis page.