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An announcement from Team Internet Group ( (GB:TIG) ) is now available.
Team Internet Group plc has repurchased 106,124 ordinary shares as part of its ongoing buyback program, initially announced in September 2024. This transaction, completed on 10 February 2025, keeps the company’s issued share capital unchanged while adjusting its total voting rights, indicating strategic moves to enhance shareholder value and manage stock liquidity. The repurchase aligns with the company’s recent entry into an offer period under the UK Takeover Code, potentially impacting its market positioning and stakeholder interests.
More about Team Internet Group
Team Internet Group plc is a leading global internet solutions company that operates in the digital advertising and domain name management sectors. The company specializes in creating privacy-safe and AI-generated online consumer journeys and serves as a primary distribution channel for digital products. Team Internet generates high-quality earnings from subscription recurring revenues and revenue-sharing contracts.
YTD Price Performance: 6.48%
Average Trading Volume: 747,127
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £244.6M
For a thorough assessment of TIG stock, go to TipRanks’ Stock Analysis page.
