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Team Internet Executes Share Buyback Enhancing Shareholder Value
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Team Internet Executes Share Buyback Enhancing Shareholder Value

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Team Internet Group ( (GB:TIG) ) has issued an update.

Team Internet Group plc announced the purchase of 36,459 ordinary shares as part of its ongoing share buyback programme. This transaction, conducted through Zeus Capital Limited, maintains the company’s issued share capital while slightly adjusting the total voting rights, potentially impacting shareholders’ interest calculations under FCA rules.

More about Team Internet Group

Team Internet Group plc is a leading global internet solutions company that operates in high-growth digital advertising and domain name management solutions. The company generates recurring revenue through its Online Marketing segment, which creates privacy-safe and AI-generated online consumer journeys, and its Online Presence segment, which serves as a primary distribution channel for a wide range of digital products.

YTD Price Performance: -26.42%

Average Trading Volume: 621,988

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £222.9M

For a thorough assessment of TIG stock, go to TipRanks’ Stock Analysis page.

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