GlobalData is a publicly owned company headquartered in the UK, founded in 2010 with approximately 2,380 employees. The company provides information services, functioning as a market research provider with a focus on market sizing research.
GlobalData Plc recently announced a proposed £30 million tender offer on July 10, designed to provide shareholders with flexibility and enhance shareholder value through an efficient return of capital, subject to shareholder approval at a general meeting. This announcement coincided with the company’s H1 trading update. Earlier on July 10, the company canceled 100,000 shares as part of an ongoing buyback program. Previously, on July 9, GlobalData reported that it anticipates its profit to be at the low end of its expectations.
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