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The latest announcement is out from Team Internet Group ( (GB:TIG) ).
Team Internet Group has executed a share buyback of 75,935 ordinary shares as part of its ongoing buyback program. This transaction, executed through Zeus Capital Limited, maintains the company’s issued share capital at 273,500,000 with total voting rights now at 249,474,837. The move is indicative of the company’s strategic efforts to manage its capital structure and may influence shareholder value, reflecting a proactive approach in its market strategy.
More about Team Internet Group
Team Internet Group plc is a global internet solutions company that operates in the digital advertising and domain name management sectors. The company focuses on creating connections between businesses, domains, brands, consumers, publishers, and advertisers, leveraging AI-generated consumer journeys and privacy-safe online marketing strategies. Its business model is centered on subscription-based recurring revenues and revenue-sharing contracts in its Online Presence and Online Marketing segments.
YTD Price Performance: 5.10%
Average Trading Volume: 610,211
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £240.9M
See more data about TIG stock on TipRanks’ Stock Analysis page.
