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An update from Team Internet Group ( (GB:TIG) ) is now available.
Team Internet Group plc has repurchased 126,166 ordinary shares as part of its ongoing share buyback program announced in September 2024. This transaction reflects the company’s strategic initiative to manage its capital structure, potentially enhancing shareholder value and maintaining its market positioning in the global internet solutions industry.
More about Team Internet Group
Team Internet Group plc is a leading global internet solutions company that operates in the high-growth digital advertising and domain name management solutions markets. The company generates recurring revenue by facilitating connections between businesses and domains, brands and consumers, and publishers and advertisers. Its Online Marketing segment focuses on creating privacy-safe, AI-generated consumer journeys, while the Online Presence segment provides a distribution channel for digital products within the online presence and productivity tool ecosystem.
YTD Price Performance: -4.14%
Average Trading Volume: 671,703
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £222.2M
See more insights into TIG stock on TipRanks’ Stock Analysis page.
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