GlobalData Cancels Newly Repurchased Shares, Tightening Free Float

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

GlobalData Plc has continued its share buyback programme, repurchasing 185,245 ordinary shares on 15 May 2026 through Investec Bank at prices ranging between 101p and 104p, with a volume-weighted average price of 101.6812p. The company intends to cancel these shares, reducing the total number of ordinary shares in issue to 753,311,709 and confirming that it holds no treasury shares, a move that marginally increases existing shareholders’ percentage ownership and clarifies the new base for voting-rights disclosure under FCA rules.

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, insights and consulting to clients across sectors including financial services, technology, healthcare and consumer markets. The group focuses on subscription-based intelligence platforms and research products aimed at corporate and institutional customers worldwide.

Average Trading Volume: 1,825,771

Technical Sentiment Signal: Hold

Current Market Cap: £753.6M

See more data about DATA stock on TipRanks’ Stock Analysis page.