Investment accounts
Adult accounts
Child accounts
Choosing Fidelity
Choosing Fidelity
Why invest with us Current offers Fees and charges Open an account Transfer investments
Financial advice & support
Fidelity’s Services
Fidelity’s Services
Financial advice Retirement Wealth Management Investor Centre (London) Bereavement
Guides
Guidance and tools
Shares
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks Stock plan guidance
Pensions & retirement
Pensions, tax & tools
Saving for retirement
Approaching / In retirement
Approaching / In retirement
Speak to a specialist Creating a retirement plan Taking tax-free cash Pension drawdown Annuities Investing in retirement Investment Pathways
GlobalData launching £10m buyback, working on main market move
(Sharecast News) - GlobalData said in an update on Monday that it would launch a £10m share buyback this week, while it reaffirmed its commitment to moving to the London Stock Exchange Main Market as it hosted its 2025 capital markets event for analysts and investors in London. The AIM-traded company said the new £10m buyback followed a £60m return of capital via tender offer in September and £39.7m of share repurchases in the first half of the year.
It said its objective remained to achieve long-term compounding profit growth to enhance shareholder value.
The firm said the capital markets event, held at JP Morgan Private Bank, would focus on recent developments in its platform, with a particular focus on investments in AI-enablement and the resulting improvements to client engagement and user experience.
It said chief executive Mike Danson would outline the group's growth strategy, while senior leaders would present on GlobalData's AI agenda, proprietary data assets and customer impact, supported by live demonstrations and case studies.
GlobalData stressed that no new material information would be disclosed and that it would not comment on current trading ahead of its full-year results.
The group reiterated that it remained in a strong financial position, generating robust operating cash flow and making encouraging progress on contracted revenue and subscription growth, supported by its growth transformation plan.
GlobalData also confirmed it was preparing for its proposed shift to the main market, and expected to provide an update on timing in the week of 12 January.
At 1130 GMT, shares in GlobalData were up 9.22% at 109p.
Reporting by Josh White for Sharecast.com.
Share this article
Related Sharecast Articles
Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.
Award-winning online share dealing
Search, compare and select from thousands of shares.
Expert insights into investing your money
Our team of experts explore the world of share dealing.
Policies and important information
Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity, Equity & Inclusion | Diversity, Equity & Inclusion Reports | Doing Business with Fidelity | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Staying secure | Statutory and Regulatory disclosures | Whistleblowing programme
Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document which contains important information about the fund.
This website is issued by Financial Administration Services Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) (FCA Register number 122169) and registered in England and Wales under company number 1629709 whose registered address is Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP.
