Team Internet Group (GB:TIG) has released an update.
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Team Internet Group has executed a buyback of 190,478 shares as part of its ongoing program, with the shares purchased at an average price of approximately 84.95 pence. This move is part of the company’s strategy to manage its capital effectively while maintaining its strong position in the digital advertising and domain name management sectors. The buyback does not change the total issued share capital but increases the company’s treasury holdings.
For further insights into GB:TIG stock, check out TipRanks’ Stock Analysis page.