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GlobalData Announces Share Buyback and Cancellation

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GlobalData Announces Share Buyback and Cancellation

GlobalData ( (GB:DATA) ) has provided an announcement.

GlobalData Plc, a company involved in data analytics and consulting, announced the purchase of 247,187 of its ordinary shares as part of its ongoing share buyback program. The shares were bought at prices ranging between 192.00 GBp and 194.50 GBp, with the volume-weighted average price being 193.5004 GBp. The repurchased shares will be cancelled, leaving the total number of voting rights at 826,718,649. This move is part of GlobalData’s strategy to manage its capital structure and potentially enhance shareholder value.

More about GlobalData

YTD Price Performance: 2.38%

Average Trading Volume: 942,613

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £1.58B

For detailed information about DATA stock, go to TipRanks’ Stock Analysis page.

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