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GlobalData cancels 581,062 shares in ongoing buyback

Story Highlights
  • GlobalData bought 581,062 shares under its buyback, paying around 95.6p each.
  • The repurchased shares will be cancelled, cutting share count to 758.1 million and boosting holders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GlobalData cancels 581,062 shares in ongoing buyback

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

GlobalData Plc has continued executing its share buyback programme, purchasing 581,062 ordinary shares on 9 February 2026 via Investec Bank at prices between 94.00p and 97.00p, with a volume-weighted average price of 95.6278p. The company will cancel these shares, reducing the number of ordinary shares in issue to 758,078,996 and confirming that it holds no treasury shares, a move that marginally concentrates existing shareholders’ voting power and may support earnings per share.

The updated share count sets the new total voting rights in GlobalData at 758,078,996, a figure shareholders must now use when assessing disclosure thresholds under the FCA’s transparency rules. This latest tranche underlines management’s ongoing capital return strategy and signals continued confidence in the group’s financial position, although it represents only a small percentage reduction in the overall equity base.

The most recent analyst rating on (GB:DATA) stock is a Sell with a £90.00 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.

The score is primarily supported by solid financial performance (steady growth, improved operating profitability, and strong cash flow conversion). This is materially offset by weak technical conditions (downtrend and bearish momentum) and a relatively expensive valuation (high P/E with only a modest dividend yield).

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

More about GlobalData

GlobalData Plc is a UK-listed provider of data, analytics and insights, supplying business intelligence to corporate and financial clients across multiple sectors. The company focuses on delivering subscription-based information services that support strategic decision-making and market analysis for its customers worldwide.

Average Trading Volume: 2,167,602

Technical Sentiment Signal: Sell

Current Market Cap: £665M

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

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