GlobalData ( (GB:DATA) ) just unveiled an announcement.
GlobalData Plc, a company involved in data analytics and consulting, has announced a transaction involving the repurchase of its own shares as part of a share buyback program initiated in February 2025. The company purchased 556,287 ordinary shares at prices ranging from 139.50 GBp to 144.00 GBp, with a volume-weighted average price of 142.0075 GBp. These shares will be canceled, reducing the total number of shares in issue to 810,982,742, which will also be the total voting rights in the company. This move is likely to impact shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.
Spark’s Take on GB:DATA Stock
According to Spark, TipRanks’ AI Analyst, GB:DATA is a Neutral.
GlobalData’s overall stock score reflects strong financial performance and strategic corporate actions. However, high valuation and technical indicators suggest caution due to potential short-term price pressures. The company’s strategic initiatives, including share buybacks and market transition, could provide long-term value and stability.
To see Spark’s full report on GB:DATA stock, click here.
More about GlobalData
YTD Price Performance: -25.71%
Average Trading Volume: 1,568,181
Technical Sentiment Signal: Buy
Current Market Cap: £1.13B
Find detailed analytics on DATA stock on TipRanks’ Stock Analysis page.