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Altair Engineering (Altair Engineering) Buyback Yield % : 0.09 (As of Apr. 27, 2024)


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What is Altair Engineering 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.

Altair Engineering's current buyback yield was 0.09%.


Altair Engineering Buyback Yield % Historical Data

The historical data trend for Altair Engineering'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.

Altair Engineering Buyback Yield % Chart

Altair Engineering Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buyback Yield %
Get a 7-Day Free Trial Premium Member Only - - -3.26 0.54 0.09

Altair Engineering Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.43 - - -

Competitive Comparison of Altair Engineering's Buyback Yield %

For the Software - Infrastructure subindustry, Altair Engineering'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.


Altair Engineering's Buyback Yield % Distribution in the Software Industry

For the Software industry and Technology sector, Altair Engineering's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Altair Engineering's Buyback Yield % falls into.



Altair Engineering Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Altair Engineering'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
=- (-6.255 + 0) / 6904.8441
=0.09%

Altair Engineering's annualized Buyback Yield for the quarter that ended in Dec. 2023 is calculated as

Buyback Yield=Net Issuance of Stock(Annualized) / Market Cap
=- (Repurchase of Stock + Issuance of Stock) * Annualized Factor / Market Cap
=- (0 + 0) * 4 / 6904.8441
=0.00%

* 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 (Dec. 2023) data.


Altair Engineering Buyback Yield % Related Terms

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Altair Engineering (Altair Engineering) Business Description

Traded in Other Exchanges
Address
1820 East Big Beaver Road, Troy, MI, USA, 48083
Altair Engineering Inc is a provider of enterprise-class engineering software enabling origination of the entire product lifecycle from concept design to in-service operation. The integrated suite of software provided by the company optimizes design performance across multiple disciplines encompassing structures, motion, fluids, thermal management, system modeling, and embedded systems. It operates through two segments: Software which includes the portfolio of software products such as solvers and optimization technology products, modeling and visualization tools, industrial and concept design tools, and others; and Client Engineering Services which provides client engineering services to support customers. Majority of its revenue comes from the software segment.
Executives
James Ralph Scapa director, 10 percent owner, officer: Chief Executive Officer 1820 E BIG BEAVER RD, TROY MI 48083
James R. Scapa Declaration Of Trust 10 percent owner 1820 E BIG BEAVER RD, TROY MI 48083
Jrs Investments Llc 10 percent owner 1820 E BIG BEAVER RD, TROY MI 48083
Gc Investments Llc 10 percent owner 1820 E BIG BEAVER RD, TROY MI 48083
George J Christ 10 percent owner 1820 E BIG BEAVER RD, TROY MI 48083
Teresa A Harris director 1820 E BIG BEAVER RD, TROY MI 48083
Christ Revocable Trust 10 percent owner 1820 E BIG BEAVER RD, TROY MI 48083
Ravi Kunju officer: Chief Product Strategy Officer C/O ALTAIR ENGINEERING INC., 1820 E. BIG BEAVER RD., TROY MI 48083
Raoul Maitra officer: Chief Legal Officer C/O ALTAIR ENGINEERING INC., 1820 E. BIG BEAVER ROAD, TROY MI 48083
Jeffrey Marraccini officer: See Remarks C/O ALTAIR ENGINEERING INC., 1820 E. BIG BEAVER RD., TROY MI 48083
Amy Messano officer: Chief Marketing Officer 1820 E. BIG BEAVER ROAD, TROY MI 48083
Mahalingam Srikanth officer: See Remarks 1820 E BIG BEAVER RD, TROY MI 48083
Gilma Saravia officer: Chief People Officer C/O ALTAIR ENGINEERING INC., 1820 E. BIG BEAVER ROAD, TROY MI 48083
Nelson Dias officer: Executive Vice President 1820 E BIG BEAVER RD, TROY MI 48083
Uwe Schramm officer: See Remarks 1820 E BIG BEAVER RD, TROY MI 48083