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GlobalData Announces Share Buyback and Share Cancellation
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GlobalData Announces Share Buyback and Share Cancellation

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An update from GlobalData ( (GB:DATA) ) is now available.

GlobalData PLC has announced the purchase of 150,000 of its own ordinary shares as part of a share buyback program initiated in September 2024. These shares were purchased at a price of 185.50 GBp each and will subsequently be canceled, reducing the total number of shares in circulation to 831,319,833. This move is expected to impact the company’s voting rights structure and may influence shareholder dynamics under the FCA’s Disclosure Guidance and Transparency Rules.

More about GlobalData

GlobalData PLC operates in the information services industry, providing analytics and consulting services across various sectors. The company focuses on delivering data-driven insights and intelligence for businesses to support strategic decision-making.

YTD Price Performance: -3.54%

Average Trading Volume: 945,950

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.51B

For a thorough assessment of DATA stock, go to TipRanks’ Stock Analysis page.

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