Team Internet Group ( (GB:TIG) ) has issued an announcement.
Team Internet Group plc announced the repurchase of 102,299 ordinary shares as part of its ongoing share buyback programme. This transaction, executed on 28 February 2025, maintains the company’s issued share capital at 273,500,000, with total voting rights now at 248,792,636. The buyback is part of a strategic move during an offer period, potentially impacting shareholder interests and market positioning. The company continues to focus on its dual-market operations in digital advertising and domain management, reinforcing its commitment to enhancing shareholder value.
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 focuses on creating meaningful connections from businesses to domains, brands to consumers, and publishers to advertisers. Team Internet’s Online Marketing segment offers privacy-safe, AI-generated consumer journeys, while the Online Presence segment serves as a primary distribution channel for digital products, generating high-quality earnings from subscription recurring revenues and revenue share contracts.
YTD Price Performance: 5.10%
Average Trading Volume: 584,545
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £240.3M
See more insights into TIG stock on TipRanks’ Stock Analysis page.