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GlobalData Reduces Shares Through Buyback Program
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GlobalData Reduces Shares Through Buyback Program

GlobalData (GB:DATA) has released an update.

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GlobalData Plc has repurchased 250,000 of its ordinary shares as part of its ongoing share buyback program, with each share bought at a price of 206.90 GBp. This move will see the cancellation of these shares, reducing the total number of shares in circulation to 835,004,833. This reduction aims to potentially enhance shareholder value by decreasing the number of shares available in the market.

For further insights into GB:DATA stock, check out TipRanks’ Stock Analysis page.

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