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Trainline Executes Share Buyback Program

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Trainline Executes Share Buyback Program

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Trainline ( (GB:TRN) ) just unveiled an announcement.

Trainline has repurchased 124,775 of its ordinary shares at an average price of 319.20p per share, as part of a share buyback program authorized by shareholders in 2024. The repurchased shares will be canceled, resulting in a new total of 446,355,571 shares remaining in issue, which will be used as a denominator for shareholder interest notifications under disclosure rules.

More about Trainline

Trainline is a leading independent rail and coach travel platform that enables millions of travelers worldwide to search, book, and manage their journeys seamlessly. It serves as a one-stop shop for rail and coach travel, offering a wide array of routes, fares, and journey times from various carriers across Europe through its website and mobile app.

YTD Price Performance: -21.22%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.88B

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

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