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An update from Team Internet Group ( (GB:TIG) ) is now available.
Team Internet Group plc has repurchased 13,023 of its own ordinary shares as part of a share buyback programme announced earlier in September 2024. This transaction is part of the company’s strategy to manage its capital structure, potentially enhancing shareholder value without altering total issued share capital or voting rights. Such strategic transactions can reinforce Team Internet’s market positioning by demonstrating confidence in its financial stability and future growth prospects.
More about Team Internet Group
Team Internet Group plc is a leading global internet solutions company that operates in the high-growth digital advertising and domain name management solutions markets. The Online Marketing segment focuses on creating privacy-safe and AI-generated consumer journeys, while the Online Presence segment serves as a primary distribution channel for digital products, generating high-quality earnings through subscription recurring revenues and revenue-sharing contracts.
YTD Price Performance: -24.70%
Average Trading Volume: 629,368
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £228.1M
For detailed information about TIG stock, go to TipRanks’ Stock Analysis page.
