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An announcement from Trainline ( (GB:TRN) ) is now available.
Trainline announced the repurchase of 113,081 of its ordinary shares from Morgan Stanley, as part of a share buyback program initiated in May 2024 and approved by shareholders. The shares, purchased on the London Stock Exchange and Multilateral Trading Facilities, will be cancelled, reducing the total number of ordinary shares in issue to 449,619,813. This reduction can impact shareholders’ calculations regarding their interest in the company, in line with the UK Market Abuse Regulation.
More about Trainline
Trainline is the leading independent rail and coach travel platform, providing a one-stop shop for users to search, book, and manage their journeys via its website and mobile app. It aggregates routes, fares, and journey times from rail and coach carriers across Europe, serving millions of travelers globally.
YTD Price Performance: -5.14%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.11B
For detailed information about TRN stock, go to TipRanks’ Stock Analysis page.
