GlobalData (GB:DATA) has released an update.
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GlobalData Plc has executed a share buyback, purchasing 150,000 of its ordinary shares at a consistent price of 200 GBp per share. This move is part of their ongoing Share Buyback Programme, aimed at reducing the total number of shares in issue, subsequently altering the total voting rights in the company to 832,529,833. Such buyback initiatives can potentially enhance shareholder value by decreasing the number of shares available in the market.
For further insights into GB:DATA stock, check out TipRanks’ Stock Analysis page.
