Mieco Chipboard Bhd (XKLS:5001) 10-Year Share Buyback Ratio : -2.20% (As of Dec. 2024)

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What is Mieco Chipboard Bhd 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. Mieco Chipboard Bhd's current 10-Year Share Buyback Ratio was -2.20%.

XKLS:5001's 10-Year Share Buyback Ratio is ranked worse than
57.76% of 161 companies
in the Forest Products industry
Industry Median: -1.4 vs XKLS:5001: -2.20

Competitive Comparison of Mieco Chipboard Bhd's 10-Year Share Buyback Ratio

For the Lumber & Wood Production subindustry, Mieco Chipboard Bhd'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.

Mieco Chipboard Bhd's 10-Year Share Buyback Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Mieco Chipboard Bhd's 10-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Mieco Chipboard Bhd's 10-Year Share Buyback Ratio falls into.

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Mieco Chipboard Bhd 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.

Mieco Chipboard Bhd (XKLS:5001) 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.

Mieco Chipboard Bhd 10-Year Share Buyback Ratio Related Terms

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

Mieco Chipboard Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Mieco Chipboard Bhd (XKLS:5001) » Definitions » 10-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Indah 2/6, No. 1, Block C, Taman Indah, Batu 11, Cheras, SGR, MYS, 43200

Website

https://www.mieco.com.my

Mieco Chipboard Bhd is an investment holding company. It is also engaged in the provision of management services. The core business includes the manufacturing and distribution of particle boards also known as chipboards, with the primary focus on plain boards and melamine-faced boards. In addition, its other operation comprises investment holding. Its product includes mieco plain board and mieco decorative melamine-faced chipboard. These products are commonly used as core materials for home and office furniture. Geographically company operates across Malaysia, Hong Kong, and China, and others.

Mieco Chipboard Bhd Headlines

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