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GlobalData ( (GB:DATA) ) has issued an update.
GlobalData Plc has executed a share buyback program, repurchasing 125,000 of its ordinary shares at a price of 187 pence each. This buyback, conducted through Panmure Liberum Limited, will see the shares canceled, reducing the total shares in issue to 831,194,833. The reduction in shares is part of GlobalData’s strategic financial management efforts, potentially enhancing shareholder value and adjusting capital structure. The total voting rights will also be adjusted to reflect the new share count, impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.
More about GlobalData
GlobalData Plc operates within the information services industry, providing a range of business intelligence services. The company focuses on delivering data analytics and expert analysis across various sectors to facilitate strategic decision-making for its clients.
YTD Price Performance: -3.28%
Average Trading Volume: 940,311
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.52B
For an in-depth examination of DATA stock, go to TipRanks’ Stock Analysis page.