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Trican Well Service (TSX:TCW) Buyback Yield % : 6.64 (As of Jun. 09, 2024)


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What is Trican Well Service 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.

Trican Well Service's current buyback yield was 6.64%.


Trican Well Service Buyback Yield % Historical Data

The historical data trend for Trican Well Service'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.

Trican Well Service Buyback Yield % Chart

Trican Well Service 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 11.13 4.32 3.91 8.20 9.11

Trican Well Service 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 19.23 12.91 4.09 5.33 7.81

Competitive Comparison of Trican Well Service's Buyback Yield %

For the Oil & Gas Equipment & Services subindustry, Trican Well Service'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.


Trican Well Service's Buyback Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Trican Well Service's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Trican Well Service's Buyback Yield % falls into.



Trican Well Service Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Trican Well Service'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
=- (-78.457 + 0) / 861.62796
=9.11%

Trican Well Service'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
=- (-16.634 + 0) * 4 / 852.2523
=7.81%

* 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.


Trican Well Service Buyback Yield % Related Terms

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Trican Well Service (TSX:TCW) Business Description

Traded in Other Exchanges
Address
2900, 645 - 7th Avenue SW, Calgary, AB, CAN, T2P 4G8
Trican Well Service Ltd is an equipment services company. It provides products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells primarily through its continuing pressure pumping operations in Canada. The company offers services related to coiled tubing, pipeline service, cementing, fracturing and reservoir solutions.
Executives
Chika Benjamin Onwuekwe Senior Officer

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