Trainline Plc (GB:TRN) has released an update.
Trainline Plc has announced the buyback and cancellation of 68,692 of its ordinary shares, with prices ranging from 344.00p to 355.00p per share, resulting in a new total of 468,453,623 shares in issue. The transaction, executed through Morgan Stanley, is part of a share purchase program initiated in September 2023 and authorized by shareholders. This move aligns with the company’s strategy to streamline its capital structure and is part of ongoing financial management.
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