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GlobalData Cancels 244,959 Shares Under Ongoing Buyback Programme

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GlobalData Cancels 244,959 Shares Under Ongoing Buyback Programme

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

GlobalData Plc has repurchased 244,959 of its ordinary shares as part of the ongoing share buyback programme launched in November 2025, paying a weighted average price of 114.63 pence per share across trades executed via Investec Bank on the London Stock Exchange’s main market and AIM. The shares will be cancelled, reducing the number of shares in issue to 761,923,707 and confirming that the group holds no treasury shares, a move that marginally enhances earnings per share and clarifies the new total voting rights figure that shareholders must use when assessing disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:DATA) stock is a Hold with a £131.00 price target. To see the full list of analyst forecasts on GlobalData stock, see the GB:DATA Stock Forecast page.

Spark’s Take on GB:DATA Stock

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

GlobalData’s strong financial performance and strategic corporate events, such as share buybacks and market transition plans, are significant positives. However, technical indicators suggest bearish momentum, and the high P/E ratio indicates overvaluation concerns. The overall score reflects a balanced view of these factors.

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

More about GlobalData

Average Trading Volume: 2,164,001

Technical Sentiment Signal: Sell

Current Market Cap: £815.9M

For detailed information about DATA stock, go to TipRanks’ Stock Analysis page.

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