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An announcement from Team Internet Group ( (GB:TIG) ) is now available.
Team Internet Group plc announced the repurchase of 121,647 ordinary shares as part of its ongoing share buyback programme initiated in September 2024. This move is part of the company’s broader financial strategy to manage its share capital, with the total voting rights now adjusted to reflect these shares held in treasury. This transaction reflects Team Internet’s commitment to enhancing shareholder value and maintaining transparency in its financial dealings.
More about Team Internet Group
Team Internet Group plc is a global internet solutions company specializing in digital advertising and domain name management solutions. The company operates in two main segments: Online Marketing, which focuses on privacy-safe and AI-powered consumer journeys, and Online Presence, which serves as a distribution channel for digital products. Their revenue primarily comes from subscription services and revenue-sharing contracts.
YTD Price Performance: 8.61%
Average Trading Volume: 775,495
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £254.6M
For a thorough assessment of TIG stock, go to TipRanks’ Stock Analysis page.
