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Trainline ( (GB:TRN) ) has provided an update.
Trainline has executed a share buyback program, purchasing 85,025 of its ordinary shares on the London Stock Exchange and Multilateral Trading Facilities from Deutsche Numis. This move, part of a previously announced program, aims to optimize the company’s capital structure and potentially enhance shareholder value. Following this transaction, the total number of shares in issue stands at 405,955,302, which stakeholders can use for regulatory reporting purposes.
The most recent analyst rating on (GB:TRN) stock is a Buy with a £380.00 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, offering a comprehensive service for booking and managing rail and coach journeys across Europe. It provides a one-stop shop for travelers, integrating millions of routes, fares, and journey times through its website and mobile app.
Average Trading Volume: 1,338,080
Technical Sentiment Signal: Sell
Current Market Cap: £952.3M
See more data about TRN stock on TipRanks’ Stock Analysis page.