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GlobalData Cancels Nearly 99,000 Shares in Ongoing Buyback

Story Highlights
  • GlobalData repurchased 98,951 shares on 12 January under its ongoing buyback programme.
  • Cancellation of these shares cuts the share count to 764.3 million, slightly boosting EPS and resetting voting rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GlobalData Cancels Nearly 99,000 Shares in Ongoing Buyback

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

GlobalData Plc has continued to execute its share buyback programme, which began on 26 November 2025, by repurchasing 98,951 ordinary shares on 12 January 2026 through Investec Bank at prices between 120.50p and 126.00p, with a volume-weighted average price of 122.634p. The company intends to cancel the repurchased stock, reducing the number of ordinary shares in issue to 764,301,426 and leaving no shares held in treasury, a move that marginally enhances earnings per share and adjusts the total voting rights used by investors to assess their notifiable holdings under UK disclosure rules.

The most recent analyst rating on (GB:DATA) stock is a Hold with a £119.00 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, insight and consultancy services to corporate and financial clients across a range of industries. Its shares are traded on the London Stock Exchange, and the company actively manages its capital structure, including through share buyback programmes.

Average Trading Volume: 2,387,009

Technical Sentiment Signal: Sell

Current Market Cap: £909.9M

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

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