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Trainline ( (GB:TRN) ) just unveiled an announcement.
Trainline has executed a share buyback program, purchasing 122,267 of its ordinary shares on the London Stock Exchange and Multilateral Trading Facilities at an average price of 371.92p. The purchased shares will be canceled, reducing the total shares in issue to 448,449,262. This move follows the authority granted by shareholders at the 2024 Annual General Meeting and is part of Trainline’s strategic financial management to optimize shareholder value.
More about Trainline
Trainline is the leading independent rail and coach travel platform, offering rail and coach tickets to millions of travelers globally. It provides a comprehensive service for searching, booking, and managing journeys through its highly rated website and mobile app, aggregating routes, fares, and journey times from various carriers across Europe.
YTD Price Performance: -9.79%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2B
For an in-depth examination of TRN stock, go to TipRanks’ Stock Analysis page.
