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GlobalData ( (GB:DATA) ) has issued an announcement.
GlobalData Plc announced the purchase of 75,000 of its ordinary shares at a consistent price of 207 pence each as part of its ongoing share buyback programme. This transaction, executed through Panmure Liberum Limited, will result in the cancellation of these shares, reducing the company’s total number of voting shares to 830,624,833. This strategic move is likely aimed at enhancing shareholder value and optimizing the company’s capital structure, thereby potentially strengthening its market position.
More about GlobalData
GlobalData Plc operates within the research and consulting industry, providing data analytics and insights to clients across various sectors. Their primary focus is on delivering intelligence and analysis to support decision-making processes in industries like healthcare, retail, and technology.
YTD Price Performance: 8.99%
Average Trading Volume: 986,505
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £1.69B
For detailed information about DATA stock, go to TipRanks’ Stock Analysis page.
