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GlobalData Plc Executes Share Buyback to Optimize Capital Structure
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GlobalData Plc Executes Share Buyback to Optimize Capital Structure

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

GlobalData Plc has announced a recent transaction under its share buyback programme, initiated in September 2024, where it repurchased 100,000 of its ordinary shares. The repurchased shares have been canceled, leaving the total voting rights at 830,894,833. This action is part of GlobalData’s strategy to manage its capital efficiently and potentially enhance shareholder value by reducing the number of shares in circulation. Stakeholders may use this information to assess their shareholding positions as per the FCA’s regulations.

More about GlobalData

GlobalData Plc is a company operating in the financial data and analytics industry, providing insights and intelligence across various sectors. The company focuses on delivering comprehensive data solutions to help businesses make informed decisions based on market trends and analysis.

Average Trading Volume: 943,753

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £1.55B

Find detailed analytics on DATA stock on TipRanks’ Stock Analysis page.

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