Trainline launches £100 million buyback as full-year guidance held

Retail & Consumer Leisure, Gaming And Gambling Written by: Ephrem Joseph 07:22 Fri 11 Sep 2026 --> Disclaimer No investment advice About this content Editorial Standards & Policies Share article About this content × About Ephrem Joseph Ephrem began his journalistic journey at Proactive in June 2021. With a strong academic background in Information Technology, his expertise particularly lies in the field of Cyber Security, Management Information Systems and Computer Forensics. Before joining Proactive, Ephrem worked as a researcher and lecturer at a number of leading universities, including the University of Portsmouth's Institute of Criminal Justice Studies, the University of Winchester’s Institute of Policing, and Jain... Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Use of technology Proactive has always been a forward looking and enthusiastic technology adopter. Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows. Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. Trainline PLC ( LSE:TRN ) View Price & Profile Trainline launches £100 million buyback as full-year guidance held Published: 07:22 11 Sep 2026 BST Trainline PLC (LSE:TRN, FRA:2T9A) has launched a new £100 million share buyback after reporting broadly stable ticket sales in the first half and maintaining guidance for the year to February 2027. Group net ticket sales for the six months to August 31 were £3.26 billion, broadly unchanged from £3.25 billion a year earlier, while underlying revenue fell 1% to £233 million. UK Consumer ticket sales were flat at £2.14 billion, supported by resilient rail demand and lower refund volumes following an industry policy change in April. Underlying UK Consumer revenue fell 5% to £102 million, reflecting lower refund fee income and the residual effect of previously announced commission reductions. International Consumer ticket sales declined 4% at constant currency to £579 million, affected by weaker foreign travel demand, disruption across European rail networks and geopolitical tensions. Underlying international revenue increased 1% at constant currency to £34 million. Trainline Solutions ticket sales rose 3% at constant currency to £548 million, with international business-to-business distribution growing 45%, while underlying revenue increased 3% to £97 million. Trainline maintained guidance for annual net ticket sales of £6.2 billion to £6.45 billion and underlying revenue of £440 million to £455 million. Adjusted EBITDA is expected to represent around 2.9% of net ticket sales. Chief executive Jody Ford said: “We delivered a robust first half, with customers choosing and returning to Trainline for the value and features we offer.” The new £100 million buyback will begin after completion of the current £150 million programme and is expected to run for 12 months. Trainline has repurchased and cancelled £350 million of shares since September 2023, equivalent to around 28% of issued share capital. The company also remains engaged with the Competition and Markets Authority over its investigation into the presentation of certain UK booking fees. Continue reading