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An update from Trainline ( (GB:TRN) ) is now available.
Trainline has executed a share buyback, purchasing 123,664 of its ordinary shares on the London Stock Exchange and Multilateral Trading Facilities. The shares, bought at an average price of 368.06p, will be canceled, reducing the total number of shares in issue to 448,201,390. This move aligns with the share purchase program announced in May 2024 and indicates Trainline’s strategic focus on managing its equity structure, with implications for shareholder value and market positioning.
More about Trainline
Trainline is the leading independent rail and coach travel platform that offers customers the ability to search, book, and manage travel through a user-friendly website and mobile app. It provides access to millions of routes, fares, and journey times from various rail and coach carriers across Europe, serving millions of travelers worldwide.
YTD Price Performance: -10.95%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2B
See more data about TRN stock on TipRanks’ Stock Analysis page.
