tiprankstipranks
Company Announcements

Trainline PLC Executes Share Buyback Program

Story Highlights
Trainline PLC Executes Share Buyback Program

Trainline ( (GB:TRN) ) has issued an update.

Trainline PLC announced the purchase of 375,177 of its ordinary shares on the London Stock Exchange and Multilateral Trading Facilities, as part of a share purchase program initiated in May 2024. The purchased shares will be canceled, reducing the total number of shares in issue to 444,567,073. This move is part of Trainline’s strategy to manage its share capital and may impact shareholder calculations under the Disclosure and Transparency Rules.

More about Trainline

Trainline is a leading independent rail and coach travel platform that sells rail and coach tickets to millions of travelers worldwide. It enables users to search, book, and manage their journeys through its website and mobile app, offering a comprehensive range of routes, fares, and journey times from rail and coach carriers across Europe.

YTD Price Performance: -22.00%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.7B

For a thorough assessment of TRN stock, go to TipRanks’ Stock Analysis page.

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