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GlobalData Concludes £20 Million Share Buyback Programme
Company Announcements

GlobalData Concludes £20 Million Share Buyback Programme

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

GlobalData Plc has concluded its Share Buyback Programme, repurchasing a total of 9,978,310 ordinary shares at a cost of £20 million. This strategic move is likely to impact the company’s market positioning by adjusting its capital structure, potentially increasing shareholder value and optimizing financial operations. The completion of the buyback reduces the overall number of shares in circulation, affecting voting rights and ownership stakes, which may have implications for stakeholders in terms of control and market perception.

More about GlobalData

GlobalData Plc operates in the business intelligence industry, providing data analytics and consulting services to enhance strategic decision-making for clients across various sectors.

YTD Price Performance: 6.35%

Average Trading Volume: 996,876

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £1.65B

For an in-depth examination of DATA stock, go to TipRanks’ Stock Analysis page.

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