Globaldata (DATA)

Sector:

Support

Index:

FTSE AIM 100

 207.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 243.00p
  • 52 Week Low: 149.00p
  • Currency: UK Pounds
  • Shares Issued: 835.00m
  • Volume: 374,194
  • Market Cap: £1,728.46m
  • RiskGrade: 136
  • Beta: 0.61

GlobalData launches new £20m share buyback programme

By Josh White

Date: Monday 23 Sep 2024

LONDON (ShareCast) - (Sharecast News) - GlobalData announced the approval of a new £20m share buyback programme on Monday, supplementing the previously-completed £10m initiative announced on 31 July.
The AIM-traded firm said the move was designed to return surplus capital to shareholders and reduce its share capital.

It said the additional buyback would be managed by Panmure Liberum under non-discretionary arrangements, starting on Monday.

Panmure Liberum would independently execute the purchase of GlobalData's ordinary shares within the predefined programme terms and parameters.

Under the programme, GlobalData said it was authorised to repurchase up to 84,502,770 ordinary shares, as approved by shareholders at the 2024 annual general meeting.

The programme was set to run until 17 January, with transactions conducted through open market purchases based on market conditions, share price, and trading volumes.

All repurchased shares would be cancelled, effectively reducing the company's share capital.

Due to limited liquidity in GlobalData's ordinary shares, the company said it could exceed the typical 25% of average daily trading volume limit, but would remain below 50%, thus not benefiting from the Market Abuse Regulation exemption.

The maximum price GlobalData would pay per ordinary share was set at the higher of 105% of the five-day average middle market quotation or the higher of the last independent trade price and the highest current independent purchase bid on the trading venue.

The minimum price per share was set at 0.01p.

At 1114 BST, shares in GlobalData were up 1.06% at 209.18p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Globaldata Market Data

Currency UK Pounds
Share Price 207.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 243.00p
52 Week Low 149.00p
Volume 374,194
Shares Issued 835.00m
Market Cap £1,728.46m
Beta 0.61
RiskGrade 136

Globaldata Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
91.41% below the market average91.41% below the market average91.41% below the market average91.41% below the market average91.41% below the market average
88.76% below the sector average88.76% below the sector average88.76% below the sector average88.76% below the sector average88.76% below the sector average
Price Trend
51.08% above the market average51.08% above the market average51.08% above the market average51.08% above the market average51.08% above the market average
36.00% above the sector average36.00% above the sector average36.00% above the sector average36.00% above the sector average36.00% above the sector average
Income
30.18% below the market average30.18% below the market average30.18% below the market average30.18% below the market average30.18% below the market average
59.32% below the sector average59.32% below the sector average59.32% below the sector average59.32% below the sector average59.32% below the sector average
Growth
82.67% above the market average82.67% above the market average82.67% above the market average82.67% above the market average82.67% above the market average
82.80% above the sector average82.80% above the sector average82.80% above the sector average82.80% above the sector average82.80% above the sector average

Globaldata Dividends

  Latest Previous
  Interim Final
Ex-Div 05-Sep-24 21-Mar-24
Paid 04-Oct-24 26-Apr-24
Amount 1.50p 3.20p

Trades for 21-Nov-2024

Time Volume / Share Price
16:27 50,000 @ 206.50p
09:37 100,000 @ 206.80p
13:25 100,000 @ 206.95p
16:36 10,000 @ 207.00p
15:46 20,000 @ 206.74p

Globaldata Key Personnel

CEO Michael Danson
CFO Graham Lilley

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