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GlobalData Executes Share Buyback, Enhances Shareholder Value
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GlobalData Executes Share Buyback, Enhances Shareholder Value

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GlobalData ( (GB:DATA) ) has provided an announcement.

GlobalData Plc has announced a transaction in its own shares as part of its share buyback programme initiated in September 2024. The company purchased 160,000 ordinary shares at a consistent price of 190.00 GBp per share. The repurchased shares will be cancelled, leaving the total number of voting rights in GlobalData at 831,769,833. This move is part of the company’s strategic financial management to optimize shareholder value and enhance market confidence.

More about GlobalData

GlobalData Plc is a company operating in the data and analytics industry, providing insights and analytics services. The company focuses on delivering comprehensive and accurate data to support strategic decision-making for businesses across various sectors.

YTD Price Performance: -1.71%

Average Trading Volume: 924,677

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.54B

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

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