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Trainline ( (GB:TRN) ) has issued an update.
Trainline PLC announced the purchase of 124,487 of its own ordinary shares on the London Stock Exchange and Multilateral Trading Facilities as part of its share purchase program. The acquired shares will be canceled, reducing the total number of shares in issue to 447,953,195. This move is in line with the authority granted by shareholders and aims to optimize the company’s capital structure, potentially impacting stakeholders’ shareholding calculations under the Disclosure and Transparency Rules.
More about Trainline
Trainline is the leading independent rail and coach travel platform, offering comprehensive services for booking and managing rail and coach journeys through its website and mobile app. It aggregates routes, fares, and schedules from various carriers across Europe, providing a one-stop solution for travelers worldwide.
YTD Price Performance: -10.95%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.02B
For an in-depth examination of TRN stock, go to TipRanks’ Stock Analysis page.
