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Trainline Executes Share Buyback Program, Cancels Shares

Story Highlights

Trainline ( (GB:TRN) ) has provided an announcement.

Trainline has executed a share buyback program, purchasing 144,939 of its ordinary shares on the London Stock Exchange and Multilateral Trading Facilities. The purchased shares will be canceled, reducing the total number of shares in issue to 434,430,182. This move is part of a previously announced share purchase program and aligns with shareholder authority granted at the 2024 Annual General Meeting. The reduction in shares may impact shareholder calculations under the Disclosure and Transparency Rules.

More about Trainline

Trainline is the leading independent rail and coach travel platform, offering a seamless experience for booking and managing rail and coach journeys through its website and mobile app. It aggregates routes, fares, and journey times from various carriers across Europe, serving millions of travelers worldwide.

YTD Price Performance: -34.79%

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.41B

Find detailed analytics on TRN stock on TipRanks’ Stock Analysis page.

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