Team Internet Group Executes Share Buyback to Strengthen Capital Structure

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An update from Team Internet Group ( (GB:TIG) ) is now available.

Team Internet Group plc announced a purchase of 65,710 of its own ordinary shares as part of a previously declared buyback program. This transaction, which took place on 13 December 2024, is part of the company’s strategy to manage its capital structure and shareholder value. Following this transaction, the total voting rights in the company have been updated, potentially impacting shareholder notifications under the FCA’s rules.

More about Team Internet Group

Team Internet Group plc is a global internet solutions company that specializes in creating meaningful connections across two main sectors: high-growth digital advertising and domain name management solutions. The company’s Online Marketing segment focuses on generating privacy-safe and AI-driven consumer journeys, while the Online Presence segment provides critical digital products and services, generating recurring revenues and utility-style contracts.

YTD Price Performance: -24.05%

Average Trading Volume: 647,714

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £229.9M

Find detailed analytics on TIG stock on TipRanks’ Stock Analysis page.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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