TMRFF (Somerset Minerals) 10-Year Share Buyback Ratio : 0.00% (As of Dec. 2024)

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What is Somerset Minerals 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. Somerset Minerals's current 10-Year Share Buyback Ratio was 0.00%.

TMRFF's 10-Year Share Buyback Ratio is not ranked ^*
in the Metals & Mining industry.
Industry Median: -19.5
* Ranked among companies with meaningful 10-Year Share Buyback Ratio only.

Competitive Comparison of Somerset Minerals's 10-Year Share Buyback Ratio

For the Other Industrial Metals & Mining subindustry, Somerset Minerals'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.

Somerset Minerals's 10-Year Share Buyback Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Somerset Minerals's 10-Year Share Buyback Ratio distribution charts can be found below:

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

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Somerset Minerals 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.

Somerset Minerals (OTCPK:TMRFF) 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.

Somerset Minerals 10-Year Share Buyback Ratio Related Terms

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

Somerset Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Somerset Minerals Ltd (OTCPK:TMRFF) » Definitions » 10-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

SMM:Australia

Address

22 Mount Street, Level 2, Perth, WA, AUS, 6000

Website

https://www.somersetminerals.com.au

Somerset Minerals Ltd is a mineral exploration company focusing on exploring and developing Gold, copper, and other mineral opportunities. The projects of the company include the Claypan Dam Project, the Montejinni Project, the Blackdome-Elizabeth Gold Project, and the Zamora Project. Its operating segments are Corporate Activities Australia, Exploration Activities Canada, and Exploration Activities Educator.