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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 announcement.

GlobalData Plc has executed a share buyback program, repurchasing 144,150 of its ordinary shares on February 11, 2025, at prices ranging between 198 and 201 GBp. The repurchased shares will be canceled, reducing the total number of shares in circulation to 830,390,121, which will also represent the total voting rights in the company. This move is aligned with the company’s strategy to enhance shareholder value and optimize capital structure.

More about GlobalData

GlobalData Plc operates in the data analytics industry, providing comprehensive data and insights across a wide range of sectors. Its primary focus is on delivering market intelligence and analytics services that aid business decision-making.

YTD Price Performance: 6.35%

Average Trading Volume: 844,374

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £1.63B

Learn more about DATA stock on TipRanks’ Stock Analysis page.

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