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Inrad Optics (Inrad Optics) Buyback Yield % : -0.03 (As of Jun. 04, 2024)


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What is Inrad Optics Buyback Yield %?

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

Inrad Optics's current buyback yield was -0.03%.


Inrad Optics Buyback Yield % Historical Data

The historical data trend for Inrad Optics's Buyback Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Inrad Optics Buyback Yield % Chart

Inrad Optics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buyback Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.10 -0.24

Inrad Optics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Buyback Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.52 - - - -0.09

Competitive Comparison of Inrad Optics's Buyback Yield %

For the Electronic Components subindustry, Inrad Optics's Buyback Yield %, along with its competitors' market caps and Buyback Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Inrad Optics's Buyback Yield % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Inrad Optics's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Inrad Optics's Buyback Yield % falls into.



Inrad Optics Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Inrad Optics's Buyback Yield for the fiscal year that ended in Dec. 2023 is calculated as

Buyback Yield=Net Issuance of Stock / Market Cap
=- (Repurchase of Stock + Issuance of Stock) / Market Cap
=- (0 + 0.04) / 16.33115
=-0.24%

Inrad Optics's annualized Buyback Yield for the quarter that ended in Mar. 2024 is calculated as

Buyback Yield=Net Issuance of Stock(Annualized) / Market Cap
=- (Repurchase of Stock + Issuance of Stock) * Annualized Factor / Market Cap
=- (0 + 0.005) * 4 / 21.23399
=-0.09%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In calculating the annualized quarterly data, the Repurchase of Stock and Issuance of Stock data used here is four times the quarterly (Mar. 2024) data.


Inrad Optics Buyback Yield % Related Terms

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Inrad Optics (Inrad Optics) Business Description

Traded in Other Exchanges
N/A
Address
181 Legrand Avenue, Northvale, NJ, USA, 07647
Inrad Optics Inc develops, manufactures and markets products and services for use in photonics industry sectors. It is a vertically integrated manufacturer focusing on crystal-based optical components and devices, custom optical components from both glass and metal, and precision optical and optomechanical assemblies. Its product categories include Optical Components and Laser System Devices/Instrumentation. The company's customers include corporations in the defense, aerospace, laser systems, process control, and metrology sectors of the photonics industry, as well as the United States Government, National Laboratories and universities around the world.
Executives
Dennis G Romano director C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647
Norman E. Strandlund director 181 LEGRAND AVENUE, NORTHVALE NJ 07647
Amy Eskilson officer: CEO RIVERCREST CO-OP, 103 GEDNEY ST., APT 1H, NYACK NY 10960
George F Murray officer: VP SALES & MARKETING INRAD OPTICS, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647
Thomas Caughey director C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647
Theresa A Balog officer: Chief Financial Officer C/O INRAD OPTICS, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647
Jan M Winston director 141 LANSDOWNE, WESTPORT CT 06880
John M Duich officer: VP Operations Sarasota C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647
Joseph J Rutherford director, officer: President/CEO C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647
Miroslav Dosoudil officer: VP Operations C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647
John R Ryan officer: VP Sales & Marketing C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647
Lavalle Luke P Jr director C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647
William Brucker officer: VP, Human Resources C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647
William J Foote officer: CHIEF FINANCIAL OFFICER C/O PPGI, 181 LEGRAND AVENUE, NORTHVALE NJ 07647
Daniel Lehrfeld officer: President & CEO 34 GREENWOOD DRIVE, NEW CITY NY 10956

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