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The latest update is out from Team Internet Group ( (GB:TIG) ).
Team Internet Group has repurchased 135,033 ordinary shares as part of its ongoing share buyback programme, initially announced in September 2024, which aims to bolster shareholder value by reducing the number of shares available on the market. This transaction does not alter the company’s issued share capital, but it does adjust the total voting rights to 250,200,392, supporting the company’s strategic positioning under the FCA’s regulations and the City Code on Takeovers and Mergers.
More about Team Internet Group
Team Internet Group plc is a leading global internet solutions company that operates in the high-growth digital advertising and domain name management solutions markets. The company focuses on creating meaningful connections between businesses and domains, brands and consumers, and publishers and advertisers. Its Online Marketing segment utilizes privacy-safe and AI-generated consumer journeys, while the Online Presence segment serves as a primary distribution channel for digital products, generating recurring revenues through subscriptions and utility-style contracts.
YTD Price Performance: 12.65%
Average Trading Volume: 756,098
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £259.1M
For detailed information about TIG stock, go to TipRanks’ Stock Analysis page.
