Commencement of Share Buyback Programme

Summary by AI BETAClose X

GlobalData Plc has commenced a share buyback programme of up to £10 million, aiming to return surplus capital to shareholders and reduce share capital, with repurchased ordinary shares to be cancelled. This programme, authorized by shareholders at the 2025 Annual General Meeting, allows for the purchase of up to 80,653,410 ordinary shares and will be conducted on the London Stock Exchange in compliance with market regulations. Purchases will not exceed 105% of the average market quotation for the preceding five business days, with a minimum price of £0.0001 per share. Investec Bank plc has been appointed to manage the programme.

Disclaimer*

Companies

Globaldata (DATA)
UK 100

Latest directors dealings