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GlobalData ( (GB:DATA) ) has shared an update.
GlobalData Plc has executed a share buyback program, purchasing 150,000 of its ordinary shares at a consistent price of 188 pence per share. This move, conducted through Panmure Liberum Limited, aligns with the company’s strategy to manage its capital structure effectively by reducing the number of shares in circulation, potentially increasing the value of remaining shares and enhancing shareholder value.
More about GlobalData
GlobalData Plc operates in the data analytics and consulting industry, providing insights and analysis across a wide range of sectors. The company focuses on delivering business intelligence and market analytics to help organizations make informed decisions.
YTD Price Performance: -1.71%
Average Trading Volume: 924,677
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.54B
For a thorough assessment of DATA stock, go to TipRanks’ Stock Analysis page.
