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GlobalData Enhances Shareholder Value with Share Buyback

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GlobalData Enhances Shareholder Value with Share Buyback

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The latest announcement is out from GlobalData ( (GB:DATA) ).

GlobalData PLC announced the purchase of 296,432 of its ordinary shares, as part of its ongoing share buyback program initiated earlier in February 2025. The shares were purchased at prices ranging from 193.50 GBp to 199.50 GBp. This transaction, conducted through Investec Bank plc, will result in the cancellation of the repurchased shares, leaving the company with a total of 829,207,401 ordinary shares in issue. The share buyback is expected to optimize the company’s capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.

More about GlobalData

GlobalData PLC operates in the data analytics and consulting industry, providing clients with intelligence and analytics services across multiple sectors including healthcare, consumer, retail, and technology. The company focuses on delivering insights and market information to help businesses make informed decisions and enhance operational efficiency.

YTD Price Performance: 3.17%

Average Trading Volume: 892,868

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £1.6B

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

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