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Trainline ( (GB:TRN) ) has provided an update.
Trainline PLC announced the purchase of 123,708 of its own ordinary shares on the London Stock Exchange and Multilateral Trading Facilities. This buyback, part of a program initiated in May 2024, was conducted with Morgan Stanley & Co. International Plc. The purchased shares will be cancelled, leaving 448,077,682 ordinary shares in issue. This action is in compliance with the Market Abuse Regulation and affects shareholding calculations for disclosure and transparency purposes.
More about Trainline
Trainline is a leading independent rail and coach travel platform that sells tickets to millions of travelers worldwide. The company offers a comprehensive service for searching, booking, and managing journeys via its website and mobile app, aggregating routes, fares, and journey times from rail and coach carriers across Europe.
YTD Price Performance: -10.95%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.02B
For a thorough assessment of TRN stock, go to TipRanks’ Stock Analysis page.
