Meiji Holdings Co (Meiji Holdings Co) Buyback Yield % : -0.11 (As of Jun. 09, 2024)

View and export this data going back to 2012. Start your Free Trial

What is Meiji Holdings Co 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.

Meiji Holdings Co's current buyback yield was -0.11%.

Meiji Holdings Co Buyback Yield % Historical Data

The historical data trend for Meiji Holdings Co'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.

Meiji Holdings Co Buyback Yield % Chart

Meiji Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Buyback Yield %

Get a 7-Day Free Trial

-0.03

-0.02

3.16

1.07

-0.11

Meiji Holdings Co 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															-	-	-0.43	-	-

Competitive Comparison of Meiji Holdings Co's Buyback Yield %

For the Packaged Foods subindustry, Meiji Holdings Co'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.

Meiji Holdings Co's Buyback Yield % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Meiji Holdings Co's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Meiji Holdings Co's Buyback Yield % falls into.

Meiji Holdings Co Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Meiji Holdings Co's Buyback Yield for the fiscal year that ended in Mar. 2024 is calculated as

Buyback Yield	=	Net Issuance of Stock			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	/	Market Cap
	=	- (7.055	+	0)	/	6263.14986
	=	-0.11%

Meiji Holdings Co'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
	=	- (-0.02	+	0)	*	4	/	6263.14986
	=	0.00%

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.

Meiji Holdings Co Buyback Yield % Related Terms

Thank you for viewing the detailed overview of Meiji Holdings Co's Buyback Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

Meiji Holdings Co (Meiji Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Meiji Holdings Co Ltd (OTCPK:MEJHY) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

2269:Japan

Address

4-16, Kyobashi 2-chome, Chuo-ku, Tokyo, JPN, 104-0031

Website

http://www.meiji.com

Meiji Holdings was established in April 2009 as a merged entity of Meiji Dairies, Japan's largest dairy company, and Meiji Seika, the country's number-two confectionery maker. The amalgamation was propelled by a surge in commodity prices, Japan's aging and shrinking population, and fierce competition. The food business, comprising dairy and confectionery operations, represents more than 80% of the group's sales and profits. The rest mainly comes from the pharmaceutical business, specializing in antibacterial and generic drugs, as well as vaccines. Meiji is looking to step up overseas expansion of the food business, particularly in China, which will serve as a key growth driver over the medium term.

Meiji Holdings Co (Meiji Holdings Co) Headlines

From GuruFocus

Bernard Horn Sells Stake in Japanese Confectionary Company

By David Goodloe David Goodloe • 09-22-2015

Meiji Holdings Co Stock Appears To Be Modestly Undervalued

By GF Value GF Value • 05-03-2021

Bernard Horn Comments on MEIJI Holdings Co Ltd

By Vera Yuan Vera Yuan • 03-16-2015

Bernard Horn Comments on MEIJI Holdings

By Vera Yuan Vera Yuan • 10-30-2014