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Team Internet Group ( (GB:TIG) ) just unveiled an update.
Team Internet Group plc has announced the purchase of 93,872 ordinary shares as part of its ongoing share buyback programme. This transaction results in the company holding 22,821,245 shares in treasury, with total voting rights now at 250,678,755. This strategic move is part of their efforts to strengthen shareholder value during the offer period, reflecting the company’s commitment to financial optimization and market positioning.
More about Team Internet Group
Team Internet Group plc is a leading global internet solutions company that operates in two primary markets: high-growth digital advertising and domain name management solutions. The company facilitates connections from businesses to domains, brands to consumers, and publishers to advertisers. Their Online Marketing segment focuses on creating AI-generated consumer journeys for online media users, while the Online Presence segment serves as a primary distribution channel for digital products. The company generates high-quality earnings through subscription recurring revenues and revenue share contracts.
YTD Price Performance: 15.20%
Average Trading Volume: 744,868
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £266.5M
Learn more about TIG stock on TipRanks’ Stock Analysis page.
