GlobalData PLC Executes Share Buyback, Reducing Share Count

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

GlobalData PLC announced the repurchase of 382,548 ordinary shares as part of its ongoing share buyback program, initiated in February 2025. This move will reduce the total number of shares in circulation to 806,534,103, potentially impacting shareholder voting rights and market perception of the company’s financial health.

Spark’s Take on GB:DATA Stock

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

GlobalData demonstrates strong financial health with substantial revenue growth and effective debt management. However, challenges in maintaining profitability and a high P/E ratio indicate potential overvaluation. Bearish technical indicators suggest short-term price pressure. Strategic corporate actions like share buybacks enhance long-term prospects, but caution is advised due to current valuation and technical signals.

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 insights and analysis across various sectors. The company focuses on delivering strategic intelligence and data-driven solutions 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 a thorough assessment of DATA stock, go to TipRanks’ Stock Analysis page.