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GlobalData Cuts Share Count Further with Ongoing Buyback

Story Highlights
  • GlobalData continued its 2026 buyback, repurchasing 477,142 shares at an average 102.56p and cancelling them to tighten its share base.
  • The buyback reduces GlobalData’s shares in issue to 752.48 million, resetting total voting rights and clarifying disclosure thresholds for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GlobalData Cuts Share Count Further with Ongoing Buyback

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

GlobalData Plc has continued its share buyback programme, purchasing 477,142 ordinary shares on 19 May 2026 via Investec Bank at prices ranging from 99.80p to 105.20p, with a volume‑weighted average price of 102.5592p. The company plans to cancel these shares, reducing its share capital and potentially enhancing earnings per share and capital returns for investors.

Following this transaction, GlobalData’s total shares in issue fall to 752,476,531, with no shares held in treasury, setting the new baseline for voting rights under FCA disclosure rules. The updated capital structure clarifies the denominator shareholders must use for reporting changes in holdings, underscoring the company’s ongoing capital management and alignment with regulatory transparency requirements.

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 provider of data, analytics and insights, supplying business intelligence and market research services to corporate and financial clients. The company focuses on delivering sector-specific research, forecasts and decision-support tools across multiple industries to inform strategic and investment decisions.

Average Trading Volume: 1,806,259

Technical Sentiment Signal: Sell

Current Market Cap: £753.4M

For an in-depth examination of DATA stock, go to TipRanks’ Overview page.

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