Team Internet Group ( (GB:TIG) ) has issued an announcement.
Team Internet Group plc announced the repurchase of 297,081 ordinary shares as part of its ongoing share buyback program. This transaction reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value. Following the buyback, the total voting rights in the company have been adjusted, which may impact shareholder notifications under regulatory guidelines.
More about Team Internet Group
Team Internet Group plc is a leading global internet solutions company operating in the high-growth digital advertising and domain name management solutions markets. Their Online Marketing segment focuses on creating privacy-safe, AI-generated consumer journeys that convert online media users into confident consumers through advertorial and review websites. 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: -32.84%
Average Trading Volume: 835,090
Technical Sentiment Signal: Buy
Current Market Cap: £163.7M
For a thorough assessment of TIG stock, go to TipRanks’ Stock Analysis page.