GlobalData (GB:DATA) has released an update.
GlobalData PLC recently executed a share buyback, purchasing 250,000 of its own ordinary shares at a uniform price of £0.00222 per share, subsequently reducing the total number of shares in circulation. Post buyback, the total number of voting rights in the company stands at 841,268,898, as the repurchased shares are set to be cancelled. This move by GlobalData may indicate a strategy to enhance shareholder value and could potentially impact the stock’s market performance.
For further insights into GB:DATA stock, check out TipRanks’ Stock Analysis page.
