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AITX (Artificial Intelligence Technology Solutions) 10-Year Share Buyback Ratio : 0.00% (As of Nov. 2024)


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What is Artificial Intelligence Technology Solutions 10-Year Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

10-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past ten years. It is calculated as the annualized percentage change in shares outstanding from ten years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Artificial Intelligence Technology Solutions's current 10-Year Share Buyback Ratio was 0.00%.

AITX's 10-Year Share Buyback Ratio is not ranked *
in the Business Services industry.
Industry Median: -1.3
* Ranked among companies with meaningful 10-Year Share Buyback Ratio only.

Competitive Comparison of Artificial Intelligence Technology Solutions's 10-Year Share Buyback Ratio

For the Rental & Leasing Services subindustry, Artificial Intelligence Technology Solutions's 10-Year Share Buyback Ratio, along with its competitors' market caps and 10-Year Share Buyback Ratio 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.


Artificial Intelligence Technology Solutions's 10-Year Share Buyback Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Artificial Intelligence Technology Solutions's 10-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Artificial Intelligence Technology Solutions's 10-Year Share Buyback Ratio falls into.


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Artificial Intelligence Technology Solutions 10-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from ten years ago to the current year. The annualized percentage change is calculated with least-square regression based on the eleven years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Artificial Intelligence Technology Solutions (OTCPK:AITX) 10-Year Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.


Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.


Artificial Intelligence Technology Solutions 10-Year Share Buyback Ratio Related Terms

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Artificial Intelligence Technology Solutions Business Description

Traded in Other Exchanges
N/A
Address
10800 Galaxie Avenue, Ferndale, MI, USA, 48220
Website
Artificial Intelligence Technology Solutions Inc, through its wholly-owned subsidiary delivers robotics and artificial intelligence-based solutions for operational, security, and monitoring needs. It also creates its own software for the development of powerful tools such as RADSOC, RADPMC, and RADGuard. The company generates the majority of its revenue from device rental activities.