tiprankstipranks

Team Internet Group Executes Share Buyback to Enhance Shareholder Value

Story Highlights
Team Internet Group Executes Share Buyback to Enhance Shareholder Value

Team Internet Group ( (GB:TIG) ) just unveiled an update.

Team Internet Group plc has announced the repurchase of 88,720 ordinary shares as part of its ongoing share buyback programme. This transaction, executed through Zeus Capital Limited, reflects the company’s strategic efforts to manage its share capital and potentially enhance shareholder value. The total voting rights in the company have been adjusted accordingly, and further announcements regarding the buyback programme are anticipated.

More about Team Internet Group

Team Internet Group plc is a 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 between businesses and domains, brands and consumers, and publishers and advertisers. Its Online Marketing segment specializes in privacy-safe and AI-generated consumer journeys, while the Online Presence segment serves as a primary distribution channel for digital products, generating subscription recurring revenues and revenue share on utility-style contracts.

YTD Price Performance: -37.62%

Average Trading Volume: 741,265

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £139.6M

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

Disclaimer & DisclosureReport an Issue

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