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Polar Capital Technology Trust (LSE:PCT) Buyback Yield % : 3.44 (As of May. 26, 2024)


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What is Polar Capital Technology Trust 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.

Polar Capital Technology Trust's current buyback yield was 3.44%.


Polar Capital Technology Trust Buyback Yield % Historical Data

The historical data trend for Polar Capital Technology Trust'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.

Polar Capital Technology Trust Buyback Yield % Chart

Polar Capital Technology Trust Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Buyback Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.39 -1.24 3.63 4.75

Polar Capital Technology Trust Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 1.79 5.01 4.70 4.79 5.21

Competitive Comparison of Polar Capital Technology Trust's Buyback Yield %

For the Asset Management subindustry, Polar Capital Technology Trust'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.


Polar Capital Technology Trust's Buyback Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Polar Capital Technology Trust's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Polar Capital Technology Trust's Buyback Yield % falls into.



Polar Capital Technology Trust Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Polar Capital Technology Trust's Buyback Yield for the fiscal year that ended in Apr. 2023 is calculated as

Buyback Yield=Net Issuance of Stock / Market Cap
=- (Repurchase of Stock + Issuance of Stock) / Market Cap
=- (-116.449 + 0) / 2449.9484
=4.75%

Polar Capital Technology Trust's annualized Buyback Yield for the quarter that ended in Oct. 2023 is calculated as

Buyback Yield=Net Issuance of Stock(Annualized) / Market Cap
=- (Repurchase of Stock + Issuance of Stock) * Annualized Factor / Market Cap
=- (-68.839 + 0) * 2 / 2643.69105
=5.21%

* 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 semi-annual data, the Repurchase of Stock and Issuance of Stock data used here is two times the semi-annual (Oct. 2023) data.


Polar Capital Technology Trust Buyback Yield % Related Terms

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Polar Capital Technology Trust (LSE:PCT) Business Description

Traded in Other Exchanges
Address
16 Palace Street, London, GBR, SW1E 5JD
Polar Capital Technology Trust PLC is a UK-based investment trust company. The company's investment objective is to maximize long-term capital growth by investing in a diversified portfolio of technology companies across the world. Geographically, the company earns investment income from North America, Europe, and the Asia Pacific region. It invests in Software, Interactive Media and Services, Semiconductors and Semiconductor Equipment, Technology Hardware, Storage and Peripherals, Internet and Direct Marketing Retail, IT Services, Entertainment, and other sectors.

Polar Capital Technology Trust (LSE:PCT) Headlines

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