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Team Internet Group ( (GB:TIG) ) just unveiled an update.
Team Internet Group plc has repurchased 3,388 of its ordinary shares as part of a share buyback program initiated in September 2024. This transaction is part of the company’s strategic efforts to manage its share capital and maintain its market position. The total issued share capital remains unchanged; however, the total voting rights have been adjusted, which may impact stakeholders’ share interest notifications under regulatory guidelines. The company has also entered an offer period, indicating potential strategic developments.
More about Team Internet Group
Team Internet Group plc is a global internet solutions company that facilitates meaningful connections between businesses and domains, brands and consumers, and publishers and advertisers. It operates in two key markets: digital advertising, under its Online Marketing segment, and domain name management solutions, under its Online Presence segment. The company generates recurring revenue from subscriptions in its Online Presence segment and revenue-sharing contracts in its Online Marketing segment.
YTD Price Performance: 25.19%
Average Trading Volume: 718,132
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £224.1M
Find detailed analytics on TIG stock on TipRanks’ Stock Analysis page.
