Team Internet Group ( (GB:TIG) ) has provided an announcement.
Team Internet Group plc announced the purchase of 182,000 ordinary shares as part of its ongoing share buyback program. This transaction, executed on 28 March 2025, reflects the company’s strategy to manage its capital structure and enhance shareholder value. The buyback does not alter the company’s issued share capital but adjusts the total voting rights, which now stand at 247,193,773. The move underscores Team Internet’s commitment to optimizing its financial operations and maintaining a robust market position.
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 company facilitates connections between businesses and domains, brands and consumers, and publishers and advertisers. Its Online Marketing segment focuses on creating privacy-safe, AI-generated online consumer journeys, while the Online Presence segment is a key part of the global online presence and productivity tool ecosystem, generating high-quality earnings from subscription recurring revenues and revenue share contracts.
YTD Price Performance: -34.43%
Average Trading Volume: 842,366
Technical Sentiment Signal: Buy
Current Market Cap: £149M
Learn more about TIG stock on TipRanks’ Stock Analysis page.