GlobalData Enhances Shareholder Value with Stock Buyback
Company Announcements

GlobalData Enhances Shareholder Value with Stock Buyback

GlobalData (GB:DATA) has released an update.

GlobalData Plc has repurchased 110,000 of its own ordinary shares at a uniform price of 197 pence per share as part of its ongoing share buyback program. This transaction reduces the total number of shares in issue to 838,623,833, which will be used as the denominator for shareholders’ voting rights calculations. The move is part of GlobalData’s strategy to enhance shareholder value and optimize its capital structure.

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

Related Articles
TipRanks UK Auto-Generated NewsdeskGlobalData Executes Strategic Share Buyback Plan
TipRanks UK Auto-Generated NewsdeskGlobalData Executes Strategic Share Buyback Program
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App