9th Sep 2024 19:42
Team Internet Group PLC - London-based internet services company - Launches buyback programme effective today. Says programme to end upon reaching 13.0 million shares bought, a total amount worth GBP19.6 million, on the date of its next general meeting expected in April, or on July 1, 2025. Says programme in line with terms of last general meeting which authorized buybacks of up to 26.1 million shares. Shares to be bought at no more than either 105% of the average share price in the five days prior to repurchase, or the higher of the last independent trade price and the highest current independent purchase bid. Appoints broker Zeus Capital Ltd as manager. Read More
