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Trainline PLC Executes Share Buyback, Cancels 129,008 Shares

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Trainline PLC Executes Share Buyback, Cancels 129,008 Shares

Trainline ( (GB:TRN) ) just unveiled an update.

Trainline PLC announced the purchase of 129,008 of its ordinary shares on the London Stock Exchange and Multilateral Trading Facilities, as part of a share buyback program initiated in May 2024. The shares will be canceled, reducing the total number of shares in issue to 445,722,341, which stakeholders can use for calculating their interests under the Disclosure and Transparency Rules.

More about Trainline

Trainline is a leading independent rail and coach travel platform that sells tickets to millions of travelers worldwide. It offers a seamless experience for searching, booking, and managing journeys through its website and mobile app, providing access to millions of routes, fares, and journey times from various rail and coach carriers across Europe.

YTD Price Performance: -22.29%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.71B

Learn more about TRN stock on TipRanks’ Stock Analysis page.

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