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Trainline PLC Reduces Share Count through Buyback
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Trainline PLC Reduces Share Count through Buyback

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

Trainline PLC announced that it has repurchased 111,639 of its ordinary shares on the London Stock Exchange and Multilateral Trading Facilities, following a share purchase program initiated in May 2024. The repurchased shares will be cancelled, reducing the total number of shares in issue to 447,604,550, which may affect shareholder calculations under the Disclosure and Transparency Rules.

More about Trainline

Trainline is the leading independent rail and coach travel platform that sells rail and coach tickets to millions of travelers worldwide. It enables users to seamlessly search, book, and manage their journeys through its highly rated website and mobile app. Trainline acts as a one-stop shop for rail and coach travel by consolidating millions of routes, fares, and journey times from rail and coach carriers across Europe.

YTD Price Performance: -12.40%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.97B

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

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