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GlobalData Executes Share Buyback to Optimize Capital Structure
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GlobalData Executes Share Buyback to Optimize Capital Structure

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

GlobalData PLC has executed a share buyback of 150,000 ordinary shares at a consistent price of 190 pence per share, as part of its ongoing buyback program initiated in September 2024. This move reduces the total number of outstanding shares to 832,079,833, potentially impacting shareholder voting rights and ownership stakes, indicating a strategic effort to enhance shareholder value and optimize capital structure.

More about GlobalData

GlobalData PLC operates within the information services industry, providing data analytics and consulting services. The company focuses on delivering comprehensive insights and intelligence across various sectors to support strategic decision-making for stakeholders.

YTD Price Performance: -1.19%

Average Trading Volume: 913,179

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.55B

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

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