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Trainline PLC Executes Share Buyback, Reduces Share Circulation

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Trainline PLC Executes Share Buyback, Reduces Share Circulation

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The latest update is out from Trainline ( (GB:TRN) ).

Trainline PLC announced the repurchase of 110,406 of its ordinary shares from Morgan Stanley on the London Stock Exchange as part of its previously announced share purchase program. This move aims to consolidate its shares, with the newly acquired shares being canceled, reducing the total number of shares in circulation, which may impact shareholder calculations under the Disclosure and Transparency Rules.

More about Trainline

Trainline is the leading independent rail and coach travel platform, offering a comprehensive service for travelers to search, book, and manage train and coach journeys across Europe through its website and mobile app.

YTD Price Performance: -11.72%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.93B

See more data about TRN stock on TipRanks’ Stock Analysis page.

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