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Trainline PLC Executes Share Buyback Strategy

Trainline PLC Executes Share Buyback Strategy

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

Trainline PLC has announced the buyback of 80,441 ordinary shares at prices ranging between 293.40p and 301.80p, with the volume weighted average price being 295.95p, as part of its share purchase programme initiated in September 2023. These shares will subsequently be cancelled, leaving the total number of shares in issue at 468,061,412. The move is part of Trainline’s strategy to manage its share capital, as disclosed in its latest financial communication.

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

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