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Trainline Executes Share Buyback and Cancels Shares
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Trainline Executes Share Buyback and Cancels Shares

Trainline (GB:TRN) has released an update.

Trainline PLC has announced the buyback of 55,770 of its own ordinary shares at prices ranging from 319.80p to 327.60p, under a share purchase program initiated on 14 September 2023. The shares acquired through the buyback will be cancelled, reducing the number of outstanding shares to 466,924,547, which will be the new denominator for shareholders to calculate their holding percentages. The company confirms this action does not represent a new offer for securities.

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

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