GlobalData (GB:DATA) has released an update.
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GlobalData Plc recently executed a share buyback program, purchasing 200,000 of its own shares at a price of 203 pence each. This move will see the repurchased shares canceled, leaving the company with a total of 833,329,833 ordinary shares in circulation. By reducing the number of shares, GlobalData aims to enhance shareholder value and manage its capital structure effectively.
For further insights into GB:DATA stock, check out TipRanks’ Stock Analysis page.
