tiprankstipranks
Advertisement
Advertisement

GlobalData Advances Share Buyback With Further Share Cancellations

Story Highlights
  • GlobalData repurchased 75,677 ordinary shares in mid-April under its ongoing London-listed buyback programme.
  • The company will cancel these shares, reducing share count and potentially boosting EPS and capital returns for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GlobalData Advances Share Buyback With Further Share Cancellations

Claim 55% Off TipRanks

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

GlobalData has continued to execute its recently launched share buyback programme, repurchasing 75,677 ordinary shares on the London Stock Exchange between 9 and 13 April 2026 at volume-weighted average prices ranging from about 78.7p to 81.8p. The company plans to cancel the repurchased shares, a move that will reduce the number of shares in circulation and may enhance earnings per share and capital returns for remaining shareholders, reinforcing management’s confidence in the group’s valuation and long-term prospects.

The most recent analyst rating on (GB:DATA) stock is a Buy with a £170.00 price target. To see the full list of analyst forecasts on GlobalData stock, see the GB:DATA Stock Forecast page.

Spark’s Take on DATA Stock

According to Spark, TipRanks’ AI Analyst, DATA is a Neutral.

The score is anchored by solid operating fundamentals and dependable cash generation, but is pulled down by balance-sheet risk (higher 2025 debt/lower equity), a strongly bearish technical setup (below major moving averages with negative MACD), and a high P/E with only a modest yield.

To see Spark’s full report on DATA stock, click here.

More about GlobalData

GlobalData Plc is a UK-based analytics and consulting company that provides data, insights, and intelligence solutions to corporate and financial clients across global markets. Its services support strategic decision-making by offering sector research, market analysis, and proprietary datasets to businesses, investors, and other stakeholders.

Average Trading Volume: 1,979,621

Technical Sentiment Signal: Sell

Current Market Cap: £609.1M

See more data about DATA stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1