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Trainline Executes Share Buyback, Cancels 113,120 Shares

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Trainline Executes Share Buyback, Cancels 113,120 Shares

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

Trainline PLC announced the purchase of 113,120 ordinary shares as part of its share buyback program, following the authorization from the 2024 Annual General Meeting. These shares are set to be canceled, reducing the total number of shares in issue to 447,039,933, a move that aligns with the company’s financial strategies and could impact shareholder calculations and market transparency.

More about Trainline

Trainline is a leading independent rail and coach travel platform, offering a seamless experience for travelers to search, book, and manage their journeys. The platform aggregates routes, fares, and journey times from various carriers across Europe, accessible through its website and mobile app.

YTD Price Performance: -12.79%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.9B

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

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