tiprankstipranks
Company Announcements

Trainline PLC Executes Share Buyback Plan

Trainline PLC Executes Share Buyback Plan

Trainline Plc (GB:TRN) has released an update.

Trainline PLC has announced the buyback of 78,912 of its ordinary shares at prices ranging from 294.80p to 305.60p, with the average price at 301.35p per share, following a share purchase program initiated in September 2023. The acquired shares will be cancelled, reducing the total number of ordinary shares in issue to 467,982,500. This move aligns with the authority granted by shareholders during the 2023 Annual General Meeting and is part of the company’s effort to return value to shareholders.

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

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App