Trainline ( (GB:TRN) ) just unveiled an announcement.
Trainline has completed a share buyback program, purchasing 269,725 of its ordinary shares on the London Stock Exchange and Multilateral Trading Facilities. The shares, bought at an average price of 268.12p, will be cancelled, reducing the total number of shares in issue to 442,623,097. This move is part of a program announced in May 2024 and reflects Trainline’s strategic financial management to optimize shareholder value.
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. It provides a one-stop shop for millions of routes, fares, and journey times across Europe through its website and mobile app.
YTD Price Performance: -20.35%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.47B
For an in-depth examination of TRN stock, go to TipRanks’ Stock Analysis page.
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