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An announcement from Trainline ( (GB:TRN) ) is now available.
Trainline has executed a share buyback program, purchasing 124,581 of its ordinary shares on the London Stock Exchange at prices between 357.80p and 379.60p, with a volume weighted average price of 365.25p. This move, part of a program announced in May 2024 and approved by shareholders, will see the purchased shares canceled, reducing the total shares in issue to 448,697,943. This transaction is in line with regulatory requirements and aims to enhance shareholder value by reducing the number of shares outstanding.
More about Trainline
Trainline is the leading independent rail and coach travel platform, providing a comprehensive service for booking and managing rail and coach journeys across Europe through its website and mobile app. It aggregates millions of routes, fares, and journey times from various carriers, offering travelers a one-stop solution for their travel needs.
YTD Price Performance: -5.04%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.1B
See more data about TRN stock on TipRanks’ Stock Analysis page.
