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An update from Team Internet Group ( (GB:TIG) ) is now available.
Team Internet Group announced a share buyback transaction involving the purchase of 129,033 ordinary shares as part of a previously announced Buyback Programme. This transaction aligns with the company’s strategic focus on enhancing shareholder value and maintaining its strong market position amidst an ongoing offer period. The share buyback does not alter the company’s total issued share capital, while the total voting rights now stand at 250,772,627.
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 solutions markets. Its Online Marketing segment focuses on creating privacy-safe and AI-generated consumer journeys, while the Online Presence segment serves as a key distribution channel for digital products. The company’s revenue model includes subscription recurring revenues and revenue share contracts.
YTD Price Performance: 12.86%
Average Trading Volume: 748,097
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £269.6M
For detailed information about TIG stock, go to TipRanks’ Stock Analysis page.
