GlobalData Cuts Share Count Further With Latest Buyback Tranche

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

GlobalData Plc has continued executing its share buyback programme, repurchasing and cancelling ordinary shares between 30 April and 6 May 2026 at volume-weighted average prices of around 108p to 111p per share. The transactions, carried out via Investec Bank on the London Stock Exchange, reduce the company’s share count to 755,104,580, with no treasury shares held.

The cancellation of the repurchased shares increases the relative ownership stake of remaining shareholders and sets a new baseline for total voting rights at GlobalData. This change is relevant for investors monitoring disclosure thresholds under UK transparency rules and may signal management’s confidence in the company’s valuation and long-term prospects.

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 UK-listed information services and analytics company that provides data, research, and intelligence solutions to corporate and financial clients. Its offerings support decision-making across sectors by delivering market insight and analytics through subscription-based platforms and related services.

Average Trading Volume: 1,855,634

Technical Sentiment Signal: Hold

Current Market Cap: £768.3M

See more insights into DATA stock on TipRanks’ Stock Analysis page.