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GlobalData Advances Share Buyback with Further Share Cancellations

Story Highlights
  • GlobalData continued its buyback programme by repurchasing 2,445 shares at about 93.2p each.
  • The repurchased shares will be cancelled, reducing share count and potentially boosting shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GlobalData Advances Share Buyback with Further Share Cancellations

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

GlobalData Plc has continued to execute its share buyback programme, purchasing 2,445 ordinary shares on 21 April 2026 at a volume-weighted average price of 93.2006 pence through Investec Bank. The company plans to cancel the repurchased shares, which will reduce the number of shares in issue and can enhance earnings per share and capital returns for existing shareholders.

The latest transaction forms part of the buyback initiative that began on 31 March 2026 and is being carried out in accordance with UK Market Abuse Regulation requirements. Detailed trade-level information for the purchases has been made available via the London Stock Exchange, underlining the company’s adherence to transparency and regulatory disclosure standards.

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 primarily supported by steady growth and reliable cash generation, but is held back by increased balance-sheet risk from higher debt and reduced equity. Technicals indicate strong recent momentum but with overbought conditions and a price still below the 200-day average, and valuation looks only fair with a mid-20s P/E and modest yield.

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

More about GlobalData

GlobalData Plc operates as a research and analytics company focused on delivering industry data, insights, and consulting services to corporate and financial clients. Its offerings support decision-making across sectors by providing market intelligence, forecasts, and competitive analysis to businesses and investors worldwide.

Average Trading Volume: 2,024,703

Technical Sentiment Signal: Hold

Current Market Cap: £790.5M

For an in-depth examination of DATA stock, go to TipRanks’ Overview page.

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