tiprankstipranks
Advertisement
Advertisement

GlobalData Cancels 455,676 Shares as Buyback Programme Progresses

Story Highlights
GlobalData Cancels 455,676 Shares as Buyback Programme Progresses

Claim 30% Off TipRanks

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

GlobalData has continued to execute its share buyback programme, repurchasing 455,676 ordinary shares on 2 February 2026 at prices between 105.00p and 106.50p, with a weighted average price of 105.8493p across trades on the London Stock Exchange and AIM. The repurchased shares will be cancelled, reducing the number of ordinary shares in issue to 760,346,130 and leaving the group with no treasury shares, a move that marginally increases existing shareholders’ proportional ownership and sets a new base for calculating voting rights under UK disclosure and transparency rules.

The most recent analyst rating on (GB:DATA) stock is a Buy with a £117.00 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

GlobalData Plc is a UK-listed company that operates in the business information and analytics sector, providing data, insights and intelligence services to corporate and financial clients. Its shares are traded on the London Stock Exchange’s main market (XLON) and AIM, and the company actively manages its capital structure through programmes such as on-market share buybacks.

Average Trading Volume: 2,054,743

Technical Sentiment Signal: Sell

Current Market Cap: £750.5M

See more insights into 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