Trainline (GB:TRN) has released an update.
Trainline PLC has officially reported the buyback of 132,728 of its own ordinary shares, at prices ranging between 325.60p and 330.00p per share, with a volume weighted average of 328.60p. These shares, bought through Morgan Stanley & Co. International Plc as part of a previously announced share purchase program, will be subsequently cancelled, leaving Trainline with 459,203,839 shares remaining in issue. This move is part of Trainline’s strategy to manage its share capital, as detailed in the latest announcement on the London Stock Exchange.
For further insights into GB:TRN stock, check out TipRanks’ Stock Analysis page.