GlobalData ( (GB:DATA) ) just unveiled an update.
GlobalData PLC announced the repurchase of 408,947 of its ordinary shares as part of its ongoing share buyback program, initiated in February 2025. The repurchased shares will be canceled, reducing the total number of shares in issue to 811,864,524, which will impact the company’s total voting rights and potentially influence shareholder interests.
Spark’s Take on GB:DATA Stock
According to Spark, TipRanks’ AI Analyst, GB:DATA is a Neutral.
GlobalData’s stock is supported by strong financial performance and strategic corporate actions like share buybacks. However, technical indicators suggest short-term price pressure, and the stock seems overvalued compared to industry standards. The strategic move to the Main Market presents a potential upside in market visibility and investor interest.
To see Spark’s full report on GB:DATA stock, click here.
More about GlobalData
GlobalData PLC operates in the data and analytics industry, providing comprehensive insights and analysis across various sectors. The company focuses on delivering data-driven solutions to help clients make informed decisions, with a strong emphasis on market intelligence and strategic insights.
YTD Price Performance: -29.70%
Average Trading Volume: 1,532,189
Technical Sentiment Signal: Strong Buy
Current Market Cap: £1.04B
See more data about DATA stock on TipRanks’ Stock Analysis page.