Team Internet Group (GB:TIG) has released an update.
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Team Internet Group PLC has purchased 213,845 of its own ordinary shares as part of a share buyback program, with prices ranging from 77.5 to 78.7 pence per share. This move is part of their strategy to enhance shareholder value, maintaining their issued share capital at 273.5 million shares while holding over 18.6 million shares in treasury. The company, recognized for its digital advertising and domain management solutions, continues to generate stable subscription and revenue-sharing income.
For further insights into GB:TIG stock, check out TipRanks’ Stock Analysis page.