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GlobalData PLC Advances Share Buyback Program with Latest Purchase

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GlobalData PLC Advances Share Buyback Program with Latest Purchase

Confident Investing Starts Here:

An update from GlobalData ( (GB:DATA) ) is now available.

GlobalData PLC announced the purchase of 358,806 of its ordinary shares as part of its ongoing share buyback program, initiated in February 2025. The repurchased shares will be canceled, leaving the company with 809,726,886 shares in issue, which impacts the total voting rights and may influence shareholder calculations under regulatory guidelines.

Spark’s Take on GB:DATA Stock

According to Spark, TipRanks’ AI Analyst, GB:DATA is a Neutral.

GlobalData’s overall stock score reflects solid financial performance and strategic corporate actions that support long-term growth. However, bearish technical indicators and a high P/E ratio pose short-term challenges and potential overvaluation risks. The company’s commitment to enhancing shareholder value through buybacks and market transitions offers a positive outlook, but caution is warranted due to technical and valuation pressures.

To see Spark’s full report on GB:DATA stock, click here.

More about GlobalData

GlobalData PLC operates in the data and analytics industry, offering comprehensive insights and analysis across various sectors. The company focuses on providing data-driven solutions to help businesses make informed decisions and improve their market positioning.

YTD Price Performance: -25.71%

Average Trading Volume: 1,660,857

Technical Sentiment Signal: Buy

Current Market Cap: £1.1B

See more data about DATA stock on TipRanks’ Stock Analysis page.

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