tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

GlobalData Cancels Newly Repurchased Shares, Sets Updated Voting Rights Count

Story Highlights
  • GlobalData repurchased 31,705 shares on 6 January under its ongoing buyback programme.
  • The repurchased shares will be cancelled, leaving 764.6 million shares in issue and updating voting rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GlobalData Cancels Newly Repurchased Shares, Sets Updated Voting Rights Count

Claim 70% Off TipRanks Premium

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

GlobalData Plc has repurchased 31,705 of its ordinary shares on 6 January 2026 under its ongoing share buyback programme, at a volume‑weighted average price of 117.6510 pence per share, with trades executed via Investec Bank on the London Stock Exchange. The company will cancel the repurchased stock, reducing the number of shares in issue to 764,611,428 and confirming this figure as the basis for shareholders’ voting-rights calculations and disclosure obligations under UK transparency rules, a move that marginally enhances earnings per share and clarifies the company’s capital structure for investors.

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

Average Trading Volume: 2,345,378

Technical Sentiment Signal: Sell

Current Market Cap: £873.2M

For a thorough assessment of DATA stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1