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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

An announcement from GlobalData ( (GB:DATA) ) is now available.

GlobalData PLC announced the purchase of 878,301 of its ordinary shares as part of its ongoing share buyback program, initiated on February 6, 2025. The repurchased shares will be canceled, reducing the total number of shares in issue to 824,826,747, which will affect the total voting rights available to shareholders. This move is part of GlobalData’s strategy to optimize its capital structure and potentially enhance shareholder value.

More about GlobalData

GlobalData PLC operates in the data analytics and consulting industry, providing comprehensive data and insights across various sectors to support business decision-making. The company focuses on delivering high-quality information and analysis to help organizations understand market trends and dynamics.

YTD Price Performance: -0.79%

Average Trading Volume: 1,112,520

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £1.53B

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

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