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Team Internet Group ( (GB:TIG) ) has provided an update.
Team Internet Group plc announced the repurchase of 58,700 ordinary shares as part of its ongoing share buyback program. This transaction, executed on the London Stock Exchange, reflects the company’s strategy to manage its capital structure, potentially enhancing shareholder value and showing confidence in its market positioning.
More about Team Internet Group
Team Internet Group plc is a global internet solutions company that operates in the digital advertising and domain name management solutions industries. Its Online Marketing segment focuses on creating privacy-safe, AI-generated online consumer journeys, while the Online Presence segment serves as a primary distribution channel for digital products, generating subscription-based recurring revenues and utility-style contracts.
YTD Price Performance: -24.04%
Average Trading Volume: 647,714
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £229.9M
For a thorough assessment of TIG stock, go to TipRanks’ Stock Analysis page.
