Trainline Plc (GB:TRN) has released an update.
Trainline Plc has announced the buyback of 316,373 of its ordinary shares at prices ranging from 319.20p to 322.20p per share, with the average price at 321.38p, under the share purchase programme initiated last September. Following this transaction, the company’s total issued share capital has been reduced, with the new total of ordinary shares in issue standing at 467,516,668. The bought-back shares will be cancelled, and this action is part of Trainline’s effort to return value to its shareholders.
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