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Trainline Executes Share Buyback, Cancels 111,636 Shares

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Trainline Executes Share Buyback, Cancels 111,636 Shares

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The latest update is out from Trainline ( (GB:TRN) ).

Trainline has executed a share buyback, purchasing 111,636 ordinary shares on the London Stock Exchange, with plans to cancel them, as part of a program initiated in May 2024. This action adjusts the total shares in issue to 446,706,445, impacting stakeholders’ calculations for interest notifications under the Disclosure and Transparency Rules.

More about Trainline

Trainline is the leading independent rail and coach travel platform, offering a one-stop shop for booking rail and coach tickets. It serves millions of travelers worldwide, providing seamless booking and management of journeys through its website and mobile app. The platform aggregates routes, fares, and journey times from rail and coach carriers across Europe.

YTD Price Performance: -12.50%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.93B

For a thorough assessment of TRN stock, go to TipRanks’ Stock Analysis page.

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