Trainline Plc (GB:TRN) has released an update.
Trainline Plc has announced the buyback and cancellation of 68,692 of its ordinary shares, with prices ranging from 344.00p to 355.00p per share, resulting in a new total of 468,453,623 shares in issue. The transaction, executed through Morgan Stanley, is part of a share purchase program initiated in September 2023 and authorized by shareholders. This move aligns with the company’s strategy to streamline its capital structure and is part of ongoing financial management.
For further insights into GB:TRN stock, check out TipRanks’ Stock Analysis page.
