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Trainline ( (GB:TRN) ) just unveiled an update.
Trainline has executed a share buyback program, purchasing 113,570 of its ordinary shares at a volume-weighted average price of 352.57p from Morgan Stanley & Co. International Plc. These shares will be cancelled, reducing the total number of ordinary shares in issue to 447,153,053. This transaction aligns with the authority granted at the company’s 2024 Annual General Meeting and impacts stakeholders in terms of shareholding calculations under the Disclosure and Transparency Rules.
More about Trainline
Trainline is the leading independent rail and coach travel platform, offering a comprehensive solution for purchasing rail and coach tickets to travelers worldwide. The company provides a one-stop shop for booking and managing travel journeys, integrating numerous routes, fares, and journey times from various rail and coach carriers across Europe through its website and mobile app.
YTD Price Performance: -15.21%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.88B
For a thorough assessment of TRN stock, go to TipRanks’ Stock Analysis page.
