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Team Internet Group Advances Strategic Positioning with Share Buyback

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Team Internet Group Advances Strategic Positioning with Share Buyback

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Team Internet Group ( (GB:TIG) ) has shared an announcement.

Team Internet Group PLC announced a share buyback transaction, purchasing 119,342 ordinary shares as part of a buyback program initiated in September 2024. This transaction impacts the company’s total voting rights, now standing at 249,953,194, and positions them strategically during an offer period, potentially influencing shareholder interests under the FCA’s Disclosure Guidance and Transparency Rules.

More about Team Internet Group

Team Internet Group plc is a leading global internet solutions company that focuses on high-growth digital advertising and domain name management solutions. It operates two primary segments: Online Marketing, which creates privacy-safe, AI-generated consumer journeys through advertorial and review websites, and Online Presence, serving as a major distribution channel for a range of digital products. The company generates revenue from subscription services and utility-style contracts.

YTD Price Performance: 6.48%

Average Trading Volume: 747,127

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £244.6M

See more data about TIG stock on TipRanks’ Stock Analysis page.

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