Ardea Resources (ASX:ARL) 1-Year Share Buyback Ratio : -1.40% (As of Dec. 2024 )

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What is Ardea Resources 1-Year Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

1-Year Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past year, calculated as the percentage change in shares outstanding from the previous year to the current year. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Ardea Resources's current 1-Year Share Buyback Ratio was -1.40%.

ASX:ARL's 1-Year Share Buyback Ratio is ranked better than
82.78% of 1916 companies
in the Metals & Mining industry
Industry Median: -18.7 vs ASX:ARL: -1.40

Competitive Comparison of Ardea Resources's 1-Year Share Buyback Ratio

For the Other Industrial Metals & Mining subindustry, Ardea Resources's 1-Year Share Buyback Ratio, along with its competitors' market caps and 1-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.

Ardea Resources's 1-Year Share Buyback Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ardea Resources's 1-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Ardea Resources's 1-Year Share Buyback Ratio falls into.

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Ardea Resources 1-Year Share Buyback Ratio Calculation

Ardea Resources's 1-Year Share Buyback Ratio for the quarter that ended in Dec. 2024 is calculated as

1-Year Share Buyback Ratio	=	(Shares Outstanding (EOP) (Dec. 2023 )	-	Shares Outstanding (EOP) (Dec. 2024 ))	/	Shares Outstanding (EOP) (Dec. 2023 )
	=	(197.017	-	199.683)	/	197.017
	=	-1.4%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ardea Resources (ASX:ARL) 1-Year Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.

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.

Ardea Resources 1-Year Share Buyback Ratio Related Terms

Ardea Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ardea Resources Ltd (ASX:ARL) » Definitions » 1-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

ARRRF:USA A91:Germany

Address

45 Ord Street, Suite 2, West Perth, WA, AUS, 6005

Website

https://www.ardearesources.com.au

Ardea Resources Ltd is a mineral exploration company. The company is focused on cobalt, nickel, and scandium projects and gold exploration. The company holds interests in the Goongarrie Nickel-Cobalt Project, Kalgoorlie Nickel Project, and other projects.