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Man Industries (India) (NSE:MANINDS) 10-Year Share Buyback Ratio : -0.90% (As of Dec. 2024)


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What is Man Industries (India) 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. Man Industries (India)'s current 10-Year Share Buyback Ratio was -0.90%.

NSE:MANINDS's 10-Year Share Buyback Ratio is ranked better than
61.6% of 362 companies
in the Steel industry
Industry Median: -1.7 vs NSE:MANINDS: -0.90

Competitive Comparison of Man Industries (India)'s 10-Year Share Buyback Ratio

For the Steel subindustry, Man Industries (India)'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.


Man Industries (India)'s 10-Year Share Buyback Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Man Industries (India)'s 10-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Man Industries (India)'s 10-Year Share Buyback Ratio falls into.


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Man Industries (India) 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.


Man Industries (India) (NSE:MANINDS) 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.


Man Industries (India) 10-Year Share Buyback Ratio Related Terms

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Man Industries (India) Business Description

Traded in Other Exchanges
Address
MAN House, 101, S.V. Road, Opposite Pawan Hans, Vile Parle (West), Mumbai, MH, IND, 400056
Man Industries (India) Ltd is the manufacturer and exporter of large diameter carbon steel submerged arc welded pipes in India. It offers the product which includes longitudinal submerged arc welded (LSAW) pipes, spiral or helical submerged arc welded pipes, casting pipes with end connectors at both ends and all types of anti-corrosion coatings. In addition, it also caters to its international clients in the oil and gas industry, petrochemicals, water, dredging, fertilizers and part of infrastructure projects.

Man Industries (India) Headlines

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