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Team Internet Group ( (GB:TIG) ) has issued an announcement.
Team Internet Group plc announced the repurchase of 93,506 ordinary shares as part of its ongoing share buyback program. This action, executed through Zeus Capital Limited, leaves the company’s total voting rights at 249,753,564, with 23,746,436 shares held in treasury. The repurchase is part of strategic maneuvers following the announcement of an offer period in January 2025, which could affect shareholder interests and the company’s standing in the digital advertising and domain management markets.
More about Team Internet Group
Team Internet Group plc, listed on AIM and OTCQX, is a global internet solutions company focusing on digital advertising and domain name management. It operates in two primary markets: the Online Marketing segment, which utilizes privacy-safe and AI-driven consumer journeys for advertising, and the Online Presence segment, serving as a key distribution channel for digital products. The company generates high-quality earnings through subscription-based recurring revenues and revenue-sharing contracts.
YTD Price Performance: 7.33%
Average Trading Volume: 650,992
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £240.9M
See more insights into TIG stock on TipRanks’ Stock Analysis page.
