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Empire Resources (ASX:ERL) 1-Year Share Buyback Ratio : -22.20% (As of Dec. 2024 )


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What is Empire 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. Empire Resources's current 1-Year Share Buyback Ratio was -22.20%.

ASX:ERL's 1-Year Share Buyback Ratio is ranked worse than
55.2% of 1915 companies
in the Metals & Mining industry
Industry Median: -18.6 vs ASX:ERL: -22.20

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

For the Other Precious Metals & Mining subindustry, Empire 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.


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

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

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


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Empire Resources 1-Year Share Buyback Ratio Calculation

Empire 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 )
=(1214.111 - 1483.913) / 1214.111
=-22.2%

* 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.


Empire Resources  (ASX:ERL) 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.


Empire Resources 1-Year Share Buyback Ratio Related Terms


Empire Resources Business Description

Traded in Other Exchanges
N/A
Address
159 Stirling Highway, Nedlands, WA, AUS, 6009
Empire Resources Ltd is an exploration and mining company. The company focuses on the development of gold and copper deposits in Australia. The projects of the company include Penny's gold project, Yuinmery copper-gold project, Barloweerie Project, the Nanadie Copper-Gold Project, and Others. The company operates in Western Australia.

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