tiprankstipranks
Advertisement
Advertisement

GlobalData Shrinks Share Base with Latest Buyback and Cancellation

Story Highlights
GlobalData Shrinks Share Base with Latest Buyback and Cancellation

Claim 55% Off TipRanks

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

GlobalData has continued executing its share buyback programme, repurchasing 358,036 ordinary shares on 18 May 2026 at a volume-weighted average price of 101.8849 pence and cancelling the stock. The transaction reduces the company’s share count to 752,953,673, marginally enhancing earnings per share and altering the total voting rights base used by investors for regulatory disclosure calculations under UK transparency rules.

The most recent analyst rating on (GB:DATA) stock is a Buy with a £170.00 price target. To see the full list of analyst forecasts on GlobalData stock, see the GB:DATA Stock Forecast page.

Spark’s Take on DATA Stock

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

The score is primarily supported by steady growth and reliable cash generation, but is held back by increased balance-sheet risk from higher debt and reduced equity. Technicals indicate strong recent momentum but with overbought conditions and a price still below the 200-day average, and valuation looks only fair with a mid-20s P/E and modest yield.

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

More about GlobalData

GlobalData Plc is a UK-based provider of business intelligence and analytics, focusing on data, insights and consultancy services for sectors such as consumer, technology, healthcare and financial markets. The company delivers subscription-based research platforms and analytics tools that support corporate and institutional clients in strategic and investment decision-making.

Average Trading Volume: 1,825,771

Technical Sentiment Signal: Hold

Current Market Cap: £753.6M

For a thorough assessment of DATA stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1