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

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

GlobalData Plc has announced a share buyback transaction, purchasing 150,000 of its ordinary shares at a price of 186.25 GBp each. This move, part of a previously announced buyback programme, will result in the cancellation of these shares, leaving the total number of voting rights at 831,469,833. This action aligns with GlobalData’s strategy to optimize its capital structure and enhance shareholder value.

More about GlobalData

GlobalData Plc operates in the data analytics and consulting industry, providing valuable insights and analyses to businesses and organizations worldwide. The company focuses on delivering comprehensive data solutions across various sectors, aiding clients in making informed decisions.

YTD Price Performance: -2.76%

Average Trading Volume: 942,537

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.53B

For a thorough assessment of DATA stock, go to TipRanks’ Stock Analysis page.

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