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Flex LNG (FRA:0QQA) 10-Year Share Buyback Ratio : -17.80% (As of Dec. 2024)


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What is Flex LNG 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. Flex LNG's current 10-Year Share Buyback Ratio was -17.80%.

FRA:0QQA's 10-Year Share Buyback Ratio is ranked worse than
74.82% of 703 companies
in the Oil & Gas industry
Industry Median: -5.7 vs FRA:0QQA: -17.80

Competitive Comparison of Flex LNG's 10-Year Share Buyback Ratio

For the Oil & Gas Midstream subindustry, Flex LNG'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.


Flex LNG's 10-Year Share Buyback Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Flex LNG's 10-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Flex LNG's 10-Year Share Buyback Ratio falls into.


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Flex LNG 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.


Flex LNG (FRA:0QQA) 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.


Flex LNG 10-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Flex LNG's 10-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Flex LNG Business Description

Industry
Address
14 Par-la-Ville Road, Par-la-Ville Place, Hamilton, BMU, HM08
Flex LNG Ltd is an LNG shipping company with a fleet of next-generation LNG carriers with large cargo capacity. The fleet consists of thirteen modern LNG ships, ten existing and three under construction for delivery. All LNG carriers are equipped with slow-speed, two-stroke engines MEGI or X-DF propulsion which will provide Charterers with tonnage offering advantages in form of reduced fuel consumption and lowered boil-off rates.

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