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GlobalData Executes Share Buyback, Reduces Share Count

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GlobalData Executes Share Buyback, Reduces Share Count

Confident Investing Starts Here:

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.

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