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Jiuzhitang Co (SZSE:000989) 10-Year Share Buyback Ratio : -4.20% (As of Mar. 2025)


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What is Jiuzhitang 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. Jiuzhitang Co's current 10-Year Share Buyback Ratio was -4.20%.

SZSE:000989's 10-Year Share Buyback Ratio is ranked worse than
60.16% of 620 companies
in the Drug Manufacturers industry
Industry Median: -2.85 vs SZSE:000989: -4.20

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

For the Drug Manufacturers - Specialty & Generic subindustry, Jiuzhitang 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.


Jiuzhitang Co's 10-Year Share Buyback Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Jiuzhitang Co's 10-Year Share Buyback Ratio distribution charts can be found below:

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


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Jiuzhitang 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.


Jiuzhitang Co (SZSE:000989) 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.


Jiuzhitang Co 10-Year Share Buyback Ratio Related Terms

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


Jiuzhitang Co Business Description

Traded in Other Exchanges
N/A
Address
No. 339 Tongzipo West Road, Tonglu, Hunan province, Changsha, CHN, 410205
Jiuzhitang Co Ltd is a China-based medicine company. It is engaged in the manufacture and sale of traditional Chinese medicines and biological medicine. The company developed four different lines of products such as Health Products, Modern Chinese Medicine, Ecological Western Medicine and Biomedical Medicine. The organization sells its products in China and international countries.
Executives
Li Zhen Guo Director
Liu Guo Chao Director
Xu Xiang Ping Directors, executives
Liu Shu Xia Supervisors
Sun Wei Xiang Executives
Sheng Suo Zhu Directors, executives
Yang Lian Min Executives
Gao Jin Yan Executives
Sun Xiao Bo Director
Xu De An Supervisors
Cai Guang Yun Executives
Yu Ke Jian Director

Jiuzhitang Co Headlines

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