Yamato Kogyo Co (TSE:5444) 10-Year Share Buyback Ratio : 0.60% (As of Dec. 2024)

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What is Yamato Kogyo 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. Yamato Kogyo Co's current 10-Year Share Buyback Ratio was 0.60%.

TSE:5444's 10-Year Share Buyback Ratio is ranked better than
88.4% of 362 companies
in the Steel industry
Industry Median: -1.7 vs TSE:5444: 0.60

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

For the Steel subindustry, Yamato Kogyo 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.

Yamato Kogyo Co's 10-Year Share Buyback Ratio Distribution in the Steel Industry

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

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

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Yamato Kogyo 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.

Yamato Kogyo Co (TSE:5444) 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.

Yamato Kogyo Co 10-Year Share Buyback Ratio Related Terms

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

Yamato Kogyo Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Yamato Kogyo Co Ltd (TSE:5444) » Definitions » 10-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

YMTKF:USA

Address

380 Kibi,Otsu?ku, Himeji, Hyogo, JPN, 671-1192

Website

http://www.yamatokogyo.co.jp

Yamato Kogyo Co Ltd is a Japan-based investment holding company. The company is engaged in production and distribution of steel products, heavy-duty processing goods, railway track accessories, and other businesses, through a number of subsidiaries both at home and abroad. Steel products represent the majority of the company's revenue. Japan, South Korea, and Thailand are the three major markets for Yamato Kogyo. In Japan, the company primarily operates through its wholly owned Yamato Steel and Yamato Trackwork System. In the overseas market (primarily South Korea and Thailand), the company primarily operates through YK Steel Corporation and Siam Yamato Steel.

Yamato Kogyo Co Headlines

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