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Trainline PLC Executes Share Buyback Plan

Trainline PLC Executes Share Buyback Plan

Trainline (GB:TRN) has released an update.

Trainline PLC has announced the buyback and cancellation of 290,615 of its ordinary shares, with prices ranging from 314.20p to 325.20p per share, resulting in a new total of 461,563,977 shares in issue. This move follows the share purchase program announced on May 3, 2024, and aligns with the authority granted by shareholders during the 2024 Annual General Meeting. The transaction was conducted through the London Stock Exchange and Multilateral Trading Facilities, with Morgan Stanley & Co. handling the trades.

For further insights into GB:TRN stock, check out TipRanks’ Stock Analysis page.

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