Team Internet Group (GB:TIG) has released an update.
Team Internet Group Plc, a global internet company, has announced a share buyback program to repurchase up to 13,048,000 Ordinary Shares, emphasizing the program aligns with its capital allocation policy and is in the interest of shareholders. The company has also applied to cancel 14,400,000 shares from treasury to provide flexibility for the buyback. This strategic financial move is designed to enhance shareholder value and reflects confidence in the company’s performance and cash generation capabilities.
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