The latest announcement is out from Team Internet Group ( (GB:TIG) ).
Team Internet Group plc has announced the purchase of 13,389 ordinary shares as part of its ongoing share buyback programme. This transaction, which does not alter the company’s issued share capital, is part of a strategic move to manage its capital structure and potentially enhance shareholder value. The company remains in an offer period, and the total voting rights have been updated to 248,779,247. This buyback reflects Team Internet’s commitment to optimizing its financial operations and maintaining a strong 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. It generates revenue through subscription-based services in its Online Presence segment and revenue-sharing contracts in its Online Marketing segment.
YTD Price Performance: 5.10%
Average Trading Volume: 584,545
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £240.3M
See more data about TIG stock on TipRanks’ Stock Analysis page.