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GlobalData Executes Strategic Share Buyback

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GlobalData Executes Strategic Share Buyback

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

GlobalData Plc has executed a share buyback program, purchasing 195,124 of its own ordinary shares at an average price of 197.2461 GBp per share. This move, carried out in collaboration with Investec Bank plc, results in a total of 829,503,833 shares in circulation and is expected to influence shareholder dynamics by altering the voting rights distribution.

More about GlobalData

GlobalData Plc is a company operating in the data analytics and consultancy industry, providing insights and services aimed at helping businesses make informed decisions. The company focuses on offering analytical and strategic solutions across various sectors, helping stakeholders navigate market challenges.

YTD Price Performance: 3.17%

Average Trading Volume: 892,868

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £1.6B

For detailed information about DATA stock, go to TipRanks’ Stock Analysis page.

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