Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Team Internet Group ( (GB:TIG) ) has shared an update.
Team Internet Group plc has repurchased 140,368 ordinary shares as part of its ongoing share buyback program. This action aims to enhance shareholder value and reflects the company’s proactive approach to managing its capital structure. The transaction did not change the company’s issued share capital, but it adjusted the total voting rights, which is pertinent for shareholder notifications under FCA’s regulations. The company remains within an offer period, as previously announced, which may further influence its market positioning and stakeholder interests.
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. It facilitates connections between businesses and domains, brands and consumers, as well as publishers and advertisers, through its Online Marketing and Online Presence segments. The company generates high-quality earnings from subscription recurring revenues and revenue-sharing contracts.
YTD Price Performance: 15.20%
Average Trading Volume: 732,569
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £266.1M
For an in-depth examination of TIG stock, go to TipRanks’ Stock Analysis page.
