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GlobalData ( (GB:DATA) ) has shared an announcement.
GlobalData Plc has announced its strategic move to apply for admission to the Main Market of the London Stock Exchange, aiming to elevate its corporate profile and expand its shareholder base. Additionally, the company is launching a £50 million share buyback program to return surplus capital to shareholders and reduce share capital, reflecting its commitment to strategic capital allocation and stakeholder value.
More about GlobalData
GlobalData Plc is a leading platform in the data, analytics, and insights industry. The company focuses on delivering comprehensive data solutions and strategic insights to a diverse range of clients, enhancing decision-making processes across various sectors.
YTD Price Performance: -3.70%
Average Trading Volume: 667,976
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.49B
For an in-depth examination of DATA stock, go to TipRanks’ Stock Analysis page.