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Team Internet Group ( (GB:TIG) ) just unveiled an announcement.
Team Internet Group has announced the repurchase of 24,972 ordinary shares as part of its ongoing share buyback programme. This transaction reflects the company’s strategic efforts to manage its capital structure and enhance shareholder value. Following this transaction, the total voting rights in the company now stand at 250,335,425, which stakeholders can use to assess their interest changes in compliance with regulatory guidelines.
More about Team Internet Group
Team Internet Group plc is a leading global internet solutions company operating in the high-growth digital advertising and domain name management solutions markets. The company facilitates meaningful connections by linking businesses to domains, brands to consumers, and publishers to advertisers. Their Online Marketing segment creates AI-generated consumer journeys for high conviction conversions, while their Online Presence segment serves as a distribution channel for digital products, generating recurring subscription revenues.
YTD Price Performance: 12.65%
Average Trading Volume: 756,098
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £252.9M
For detailed information about TIG stock, go to TipRanks’ Stock Analysis page.
