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Team Internet Group ( (GB:TIG) ) has issued an announcement.
Team Internet Group plc announced the repurchase of 101,490 ordinary shares as part of its share buyback programme, reflecting its ongoing commitment to enhance shareholder value. This transaction maintains the company’s issued share capital and impacts the total voting rights, which is relevant for shareholders’ interest notifications under FCA rules. The repurchase is part of the company’s strategy during its offer period, with further announcements expected as the buyback programme progresses.
More about Team Internet Group
Team Internet Group plc is a leading global internet solutions company operating in high-growth digital advertising and domain name management solutions. The company connects businesses to domains, brands to consumers, and publishers to advertisers, with a focus on creating privacy-safe, AI-generated online consumer journeys and serving as a primary distribution channel for digital products. Revenue is generated mainly from subscription recurring revenues and revenue share contracts.
YTD Price Performance: 9.46%
Average Trading Volume: 627,361
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £251.1M
See more data about TIG stock on TipRanks’ Stock Analysis page.
