tiprankstipranks
Team Internet Group Executes Share Buyback Amidst Offer Period
Company Announcements

Team Internet Group Executes Share Buyback Amidst Offer Period

Story Highlights
  • Team Internet Group is a global internet solutions company focusing on digital advertising and domain management.
  • The company executed a share buyback of 34,707 shares, maintaining its total voting rights at 250,644,048.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

An announcement from Team Internet Group ( (GB:TIG) ) is now available.

Team Internet Group plc announced the purchase of 34,707 ordinary shares as part of a buyback programme initiated in September 2024. This transaction maintains the company’s issued share capital at 273,500,000, with total voting rights now at 250,644,048. The move is part of an ongoing strategy during an offer period, reflecting the company’s stable financial positioning and ongoing commitment to enhancing shareholder value.

More about Team Internet Group

Team Internet Group plc (AIM: TIG, OTCQX: TIGXF) is a global internet solutions company that focuses on creating successful connections across two primary markets: digital advertising and domain name management. The company operates through its Online Marketing segment, which leverages privacy-safe and AI-generated consumer journeys to turn general interest users into high conviction consumers, and its Online Presence segment, which serves as a key distribution channel for digital products, generating high-quality subscription recurring revenues.

YTD Price Performance: 15.20%

Average Trading Volume: 744,868

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £266.5M

Learn more about TIG stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App