Trainline (GB:TRN) has released an update.
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Trainline PLC has repurchased 62,854 of its ordinary shares at an average price of 408.83 pence per share as part of its ongoing share buyback program. This transaction, executed via Morgan Stanley, reduces the total number of shares in issue to 453,213,492. The strategic move aims to optimize the company’s capital structure, potentially enhancing shareholder value.
For further insights into GB:TRN stock, check out TipRanks’ Stock Analysis page.
