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GlobalData Cancels 457,348 Shares as Buyback Programme Progresses

Story Highlights
  • GlobalData repurchased 457,348 ordinary shares under its ongoing buyback, paying an average of about 99p.
  • The repurchased shares will be cancelled, reducing share count to 759.9 million and slightly boosting voting stakes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GlobalData Cancels 457,348 Shares as Buyback Programme Progresses

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

GlobalData Plc has continued to execute its share buyback programme, repurchasing 457,348 ordinary shares on 3 February 2026 through Investec Bank at prices ranging between 95.60p and 104.50p, with a weighted average price of 99.2282p. The company intends to cancel the repurchased shares, reducing the number of ordinary shares in issue to 759,888,782 and leaving no shares held in treasury, a move that marginally increases existing shareholders’ proportional ownership and voting power while providing a new reference figure for regulatory disclosure thresholds under the FCA’s 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 London-listed provider of business intelligence, analytics and data services, supplying industry and market insight to corporate and financial clients worldwide.

Average Trading Volume: 2,136,311

Technical Sentiment Signal: Sell

Current Market Cap: £746.7M

Find detailed analytics on DATA stock on TipRanks’ Stock Analysis page.

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