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Team Internet Group ( (GB:TIG) ) just unveiled an announcement.
Team Internet Group plc has announced a buyback of 115,113 ordinary shares as part of its ongoing share repurchase program. The transaction, executed through Zeus Capital Limited, was carried out at an average price of 94.1212 pence per share. This move is part of the company’s strategy to manage its share capital and potentially improve shareholder value. The total voting rights for the company now stand at 252,286,826, and further announcements are expected as the buyback program continues.
More about Team Internet Group
Team Internet Group plc is a global internet solutions company that operates in two main markets: high-growth digital advertising and domain name management solutions. The company facilitates connections between businesses and domains, brands and consumers, and publishers and advertisers. It generates high-quality earnings from recurring subscription revenues in its Online Presence segment and revenue share contracts in its Online Marketing segment.
Average Trading Volume: 666,246
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £232M
Learn more about TIG stock on TipRanks’ Stock Analysis page.
