GlobalData Plc Announces Company Name Change
The consulting services company has announced a change to its company name.
The consulting services company has announced a change to its company name.
The company has suspended its share buyback programme following a recent announcement that put it into an offer period under the City Code on Takeover and Mergers.
The data and analytics company has received preliminary takeover proposals from two private equity firms, but there is no certainty an offer will be made.
The data and analytics firm provides notice of its upcoming AGM and an update on its proposed move from AIM to the Main Market.
This data analytics firm reported strong financial results, with a 32% increase in profit before tax and 5% revenue growth. The company has transitioned to a net cash position and set ambitious future growth targets.
The major data and analytics provider has announced its CEO has sold £3.98m worth of shares.
The data and analytics firm's CEO has sold £3.9 million worth of shares, but the company's broker maintains a positive outlook.
The data and analytics platform is proposing to move its listing to the Main Market and launch a £50 million share buyback programme, indicating the company's strong financial position and growth plans.
The data and analytics platform reported strong, profitable growth in FY24, with EBITDA margin sustained at 41% and revenue up 4% on an underlying basis. The company made strategic investments in M&A and shareholder returns.
GlobalData, a leading data and analytics platform, has acquired Deallus, a specialist in life sciences intelligence, strengthening its market position.