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GlobalData Cancels New Tranche of Shares in Ongoing Buyback

Story Highlights
  • GlobalData repurchased 203,195 shares on 7 May 2026 under its ongoing buyback programme through Investec Bank at a volume-weighted average price of 107.551p.
  • The repurchased shares will be cancelled, reducing GlobalData’s share count to 754,901,385 and modestly enhancing per-share metrics while resetting the company’s total voting rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GlobalData Cancels New Tranche of Shares in Ongoing Buyback

Meet Samuel – Your Personal Investing Prophet

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

GlobalData Plc has continued executing its share buyback programme, which began on 31 March 2026, by repurchasing 203,195 ordinary shares on 7 May 2026 through Investec Bank at prices ranging from 102.00p to 110.40p and a volume-weighted average price of 107.551p. The company will cancel these shares, reducing its share count to 754,901,385, a move that slightly enhances earnings per share and may signal confidence in its valuation while updating investors on the new total voting rights for regulatory disclosure purposes.

The most recent analyst rating on (GB:DATA) stock is a Buy with a £170.00 price target. To see the full list of analyst forecasts on GlobalData stock, see the GB:DATA Stock Forecast page.

Spark’s Take on DATA Stock

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

The score is primarily supported by steady growth and reliable cash generation, but is held back by increased balance-sheet risk from higher debt and reduced equity. Technicals indicate strong recent momentum but with overbought conditions and a price still below the 200-day average, and valuation looks only fair with a mid-20s P/E and modest yield.

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

More about GlobalData

GlobalData Plc is a U.K.-listed company that provides data, analytics, and intelligence services to corporate and financial clients. Its business is focused on delivering market insights and research across multiple sectors to support decision-making and strategic planning.

Average Trading Volume: 1,855,634

Technical Sentiment Signal: Hold

Current Market Cap: £768.3M

Learn more about DATA stock on TipRanks’ Stock Analysis page.

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