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GlobalData Enhances Shareholder Value with Buyback
Company Announcements

GlobalData Enhances Shareholder Value with Buyback

GlobalData (GB:DATA) has released an update.

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GlobalData PLC has executed a share buyback, acquiring 150,000 ordinary shares at an average price of 181.75 GBp per share, as part of its ongoing buyback program. Following this transaction, the company will cancel the repurchased shares, resulting in a total of 838,058,833 shares in circulation. This move is part of GlobalData’s strategy to optimize its capital structure and potentially enhance shareholder value.

For further insights into GB:DATA stock, check out TipRanks’ Stock Analysis page.

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