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Trainline Executes Share Buyback to Consolidate Shares

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Trainline Executes Share Buyback to Consolidate Shares

Trainline ( (GB:TRN) ) has issued an update.

Trainline plc has executed a share buyback by purchasing 111,519 ordinary shares at an average price of 359.46p per share, a move aimed at consolidating its shares and potentially enhancing shareholder value. The cancellation of these shares reduces the total number of shares in issue to 447,380,467, providing stakeholders with updated figures to determine their interest under the Disclosure and Transparency 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 via its website and mobile app. It aggregates routes, fares, and journey times from rail and coach carriers across Europe.

YTD Price Performance: -12.02%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.94B

For detailed information about TRN stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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