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GlobalData Cancels 179,326 Shares Under Ongoing Buyback Programme

Story Highlights
  • GlobalData repurchased 179,326 shares on 12 May 2026 at an average price of about 103 pence, continuing its ongoing share buyback programme.
  • The repurchased shares will be cancelled, trimming the share count to about 754 million and modestly boosting existing investors’ stakes and voting power.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GlobalData Cancels 179,326 Shares Under Ongoing Buyback Programme

Meet Samuel – Your Personal Investing Prophet

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

GlobalData Plc has continued to execute on its share buyback programme, repurchasing 179,326 ordinary shares on 12 May 2026 at prices between 102 pence and 105 pence, with a volume-weighted average price of 103.2539 pence. The shares, acquired via Investec Bank on the London Stock Exchange, will be cancelled, reducing the number of shares in issue to 754,100,156 and leaving no shares held in treasury.

The buyback and cancellation slightly increase existing shareholders’ proportional ownership and set the company’s total voting rights at 754,100,156, a figure that will now serve as the reference point for disclosure thresholds under the FCA’s transparency rules. The move underscores GlobalData’s ongoing capital management strategy and may signal management’s confidence in the company’s valuation and future prospects, with implications for investor perception and liquidity in its stock.

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 is a U.K.-listed company that operates in the business information and analytics sector, providing data, insights, and intelligence services to corporate and financial clients. Its primary products help organisations make informed strategic and investment decisions across a range of industries and markets.

Average Trading Volume: 1,904,276

Technical Sentiment Signal: Hold

Current Market Cap: £780.4M

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

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