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Team Internet Group ( (GB:TIG) ) has provided an announcement.
Team Internet Group plc announced the repurchase of 20,000 ordinary shares as part of its ongoing share buyback programme. This transaction, executed through Zeus Capital Limited, reflects the company’s strategic initiative to manage its share capital and potentially enhance shareholder value. The repurchase does not alter the company’s issued share capital, but it adjusts the total voting rights, which may impact shareholder notifications under regulatory guidelines.
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 offers privacy-safe and AI-generated consumer journeys, while the Online Presence segment provides domain management and productivity tools, generating high-quality earnings from subscription and revenue share contracts.
YTD Price Performance: -38.15%
Average Trading Volume: 731,867
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £141.1M
Learn more about TIG stock on TipRanks’ Stock Analysis page.