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Trainline ( (GB:TRN) ) has provided an announcement.
Trainline has executed a share buyback program, purchasing 202,715 of its ordinary shares on the London Stock Exchange through Deutsche Numis. This move, part of a previously announced share purchase program, will see the acquired shares canceled, reducing the total number of shares in issue to 406,040,327. This action is in line with the authority granted by shareholders and adheres to the Market Abuse Regulation, potentially impacting shareholder calculations and transparency obligations.
The most recent analyst rating on (GB:TRN) stock is a Hold with a £300.00 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 is driven by strong financial performance, which is the most significant factor. However, bearish technical indicators and the lack of a dividend yield moderate the overall score. The absence of earnings call data and corporate events means these factors do not influence the score.
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, providing a comprehensive service for booking and managing rail and coach journeys across Europe. It offers millions of routes, fares, and journey times through its website and mobile app, catering to a global audience of travelers.
Average Trading Volume: 1,371,837
Technical Sentiment Signal: Sell
Current Market Cap: £953.8M
Find detailed analytics on TRN stock on TipRanks’ Stock Analysis page.