UK-listed publisher Trinity Mirror will now sell its regional newspapers for £450m, £150m lower than its original price tag of £600m when the titles were put on the market last year. According to reports, Trinity's chief executive Sly Bailey said she was disappointed at the fall in sale value, but maintained that the divestment was still the right choice for Trinity. Other reports have added that part of the sale proceeds will go to shareholders via a stock buyback, could result in an up to £350m share buyback according to analysts.