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Team Internet Group ( (GB:TIG) ) has shared an update.
Team Internet Group PLC announced the repurchase of 100,213 ordinary shares as part of its ongoing share buyback program. This transaction does not alter the company’s issued share capital, but it does affect the total voting rights, which are now 249,274,023. The move is part of a broader strategy possibly related to a takeover offer period initiated earlier in January 2025, indicating potential strategic positioning in the market.
More about Team Internet Group
Team Internet Group PLC is a global internet solutions company that operates in the digital advertising and domain name management sectors. Their Online Marketing segment focuses on privacy-safe and AI-generated consumer journeys, converting media users into high conviction consumers through advertorial and review websites. The Online Presence segment acts as a primary distribution channel for digital products, contributing to high-quality earnings through subscription recurring revenues and utility-style contracts.
YTD Price Performance: 4.89%
Average Trading Volume: 599,340
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £240.4M
For a thorough assessment of TIG stock, go to TipRanks’ Stock Analysis page.
