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Ocumetics Technology (TSXV:OTC) Buyback Yield % : -4.09 (As of Jun. 10, 2024)


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What is Ocumetics Technology 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.

Ocumetics Technology's current buyback yield was -4.09%.


Ocumetics Technology Buyback Yield % Historical Data

The historical data trend for Ocumetics Technology'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.

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Ocumetics Technology Buyback Yield % Chart

Ocumetics Technology Annual Data
Trend Jul20 Jul21 Dec22 Dec23
Buyback Yield %
- - -0.10 -4.44

Ocumetics Technology Quarterly Data
Jul20 Jul21 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 -5.59 - -10.73 -1.78 -2.68

Competitive Comparison of Ocumetics Technology's Buyback Yield %

For the Medical Instruments & Supplies subindustry, Ocumetics Technology'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.


Ocumetics Technology's Buyback Yield % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Ocumetics Technology's Buyback Yield % distribution charts can be found below:

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



Ocumetics Technology Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Ocumetics Technology'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 + 1.787) / 40.27844
=-4.44%

Ocumetics Technology'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
=- (-0.16 + 0.417) * 4 / 38.32576
=-2.68%

* 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.


Ocumetics Technology Buyback Yield % Related Terms

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Ocumetics Technology (TSXV:OTC) Business Description

Traded in Other Exchanges
Address
639 - 5th Avenue S.W., Suite 1250, Calgary, AB, CAN, T2P 0M9
Ocumetics Technology Corp is a Canadian-based research and product development company. The company is engaged in developing an accommodating intraocular lens to eliminate the need for corrective lenses, especially for people over 45 years of age.
Executives
Roger Jewett Director, Senior Officer

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