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GlobalData Executes Share Buyback to Enhance Shareholder Value

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GlobalData Executes Share Buyback to Enhance Shareholder Value

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GlobalData ( (GB:DATA) ) just unveiled an update.

GlobalData PLC has executed a share buyback program, purchasing 447,979 of its ordinary shares at prices ranging from 199.00 to 205.50 GBp per share. The repurchased shares will be canceled, leaving the company with 829,942,142 ordinary shares in issue. This move is part of GlobalData’s strategy to optimize its capital structure and enhance shareholder value, impacting the total voting rights and potentially influencing investor perceptions.

More about GlobalData

GlobalData PLC operates within the data and analytics industry, providing comprehensive information solutions across various sectors, including healthcare, technology, and consumer goods. The company’s primary focus is on delivering market intelligence and analytics services to enable stakeholders to make informed business decisions.

YTD Price Performance: 6.35%

Average Trading Volume: 844,374

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £1.63B

Find detailed analytics on DATA stock on TipRanks’ Stock Analysis page.

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