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Sumitomo Chemical Co (STU:SMM) 10-Year Share Buyback Ratio : 0.00% (As of Dec. 2024)


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What is Sumitomo Chemical Co 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. Sumitomo Chemical Co's current 10-Year Share Buyback Ratio was 0.00%.

STU:SMM's 10-Year Share Buyback Ratio is not ranked *
in the Chemicals industry.
Industry Median: -2.1
* Ranked among companies with meaningful 10-Year Share Buyback Ratio only.

Competitive Comparison of Sumitomo Chemical Co's 10-Year Share Buyback Ratio

For the Chemicals subindustry, Sumitomo Chemical Co'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.


Sumitomo Chemical Co's 10-Year Share Buyback Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sumitomo Chemical Co's 10-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Sumitomo Chemical Co's 10-Year Share Buyback Ratio falls into.


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Sumitomo Chemical Co 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.


Sumitomo Chemical Co (STU:SMM) 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.


Sumitomo Chemical Co 10-Year Share Buyback Ratio Related Terms

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


Sumitomo Chemical Co Business Description

Traded in Other Exchanges
Address
27-1, Shinkawa 2-chome, Chuo-ku, Tokyo, JPN, 104-8260
Sumitomo Chemical Co Ltd manufactures and sells chemicals and chemical-based products. The firm is organized into six segments by product type. The petrochemicals and plastics segment, which generates more revenue than any other segment, sells multiple products including propylene and polypropylene used in automobile seat cushions and interior panels. The pharmaceutical segment sells medicine to treat diabetes, neurology, cancer, and infectious diseases. The IT-related chemicals segment sells compound semiconductors and polarizing films used in LCD displays for TVs and smartphones. The other three segments are health and crop sciences; energy and functional materials; and "others." The majority of revenue comes from Japan and China.