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GlobalData Executes Share Buyback Program to Enhance Shareholder Value
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GlobalData Executes Share Buyback Program to Enhance Shareholder Value

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

GlobalData Plc has executed a share buyback program, purchasing 150,000 ordinary shares at a price of 194.00 GBp per share, which will subsequently be canceled. This action reduces the total number of shares in circulation, potentially enhancing shareholder value by increasing the relative ownership stake of remaining shares and impacting voting rights within the company.

More about GlobalData

GlobalData Plc operates in the data analytics and consulting industry, providing comprehensive insights and information services. The company focuses on delivering data-driven analysis and intelligence to a range of sectors, helping clients make informed business decisions.

YTD Price Performance: 1.42%

Average Trading Volume: 903,944

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.59B

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

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