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GlobalData Cancels Newly Repurchased Shares as Buyback Programme Advances

Story Highlights
  • GlobalData repurchased 349,685 shares under its buyback plan, paying a volume-weighted average price of about 106.8p.
  • The company will cancel the shares, cutting its share count to 754.6 million and slightly enhancing shareholders’ ownership and transparency.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GlobalData Cancels Newly Repurchased Shares as Buyback Programme Advances

Meet Samuel – Your Personal Investing Prophet

GlobalData ( (GB:DATA) ) just unveiled an announcement.

GlobalData Plc has continued executing its share buyback programme, which began on 31 March 2026, repurchasing 349,685 ordinary shares on 8 May at prices between 104.00p and 110.00p, with a volume-weighted average price of 106.7828p. The company plans to cancel these shares, reducing the number of ordinary shares in issue to 754,551,700 and confirming it holds no treasury shares, a move that marginally boosts earnings per share and clarifies the total voting rights figure for investors’ disclosure calculations.

By shrinking its share base through cancellations rather than retaining stock in treasury, GlobalData signals confidence in its valuation while directly enhancing the ownership stake of remaining shareholders. The updated share count and voting rights reference provide greater transparency for market participants governed by the FCA’s Disclosure Guidance and Transparency Rules, underscoring the company’s adherence to regulatory requirements during its capital management actions.

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 information services and analytics company that provides data, intelligence and insights to corporate and financial clients across sectors. Its business centers on subscription-based research platforms and industry analysis, targeting decision-makers who rely on timely market and competitive information.

Average Trading Volume: 1,927,358

Technical Sentiment Signal: Hold

Current Market Cap: £780.4M

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

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