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An announcement from GlobalData ( (GB:DATA) ) is now available.
GlobalData Plc has announced the purchase of 646,170 of its ordinary shares as part of its ongoing share buyback programme, which began in February 2025. The repurchased shares will be canceled, reducing the total number of shares in issue to 806,916,651, thereby impacting the company’s voting rights and potentially affecting shareholder interests.
Spark’s Take on GB:DATA Stock
According to Spark, TipRanks’ AI Analyst, GB:DATA is a Neutral.
GlobalData demonstrates strong financial performance and strategic corporate actions such as share buybacks and market transitions, contributing to a solid foundation. However, bearish technical indicators and a high P/E ratio suggest caution due to potential overvaluation and short-term price pressure.
To see Spark’s full report on GB:DATA stock, click here.
More about GlobalData
GlobalData Plc operates in the data and analytics industry, providing comprehensive data, insights, and analysis to clients across various sectors. The company’s primary focus is on delivering market intelligence and strategic insights to help businesses make informed decisions.
YTD Price Performance: -27.04%
Average Trading Volume: 1,797,184
Technical Sentiment Signal: Buy
Current Market Cap: £1.07B
For detailed information about DATA stock, go to TipRanks’ Stock Analysis page.