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GlobalData PLC Executes Share Buyback Reducing Share Count

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GlobalData PLC Executes  Share Buyback Reducing Share Count

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GlobalData ( (GB:DATA) ) has shared an announcement.

GlobalData PLC has executed a share buyback program, purchasing 189,247 of its ordinary shares, which will be canceled to adjust the total number of voting rights. This action, conducted through Investec Bank plc, is part of an ongoing strategy to manage its capital structure, potentially impacting shareholder value and market perception by reducing the number of shares in circulation.

More about GlobalData

GlobalData PLC operates in the data analytics and consultancy industry, providing insights and analytics services to a variety of sectors. The company focuses on delivering comprehensive data solutions to support strategic decision-making processes for its clients.

YTD Price Performance: 2.91%

Average Trading Volume: 904,196

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £1.59B

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

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