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RemSense Technologies (ASX:REM) 1-Year Share Buyback Ratio : -28.90% (As of Dec. 2024 )


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What is RemSense Technologies 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. RemSense Technologies's current 1-Year Share Buyback Ratio was -28.90%.

ASX:REM's 1-Year Share Buyback Ratio is ranked worse than
84.95% of 1807 companies
in the Software industry
Industry Median: -1.3 vs ASX:REM: -28.90

Competitive Comparison of RemSense Technologies's 1-Year Share Buyback Ratio

For the Information Technology Services subindustry, RemSense Technologies'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.

RemSense Technologies's 1-Year Share Buyback Ratio Distribution in the Software Industry

For the Software industry and Technology sector, RemSense Technologies's 1-Year Share Buyback Ratio distribution charts can be found below:

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


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RemSense Technologies 1-Year Share Buyback Ratio Calculation

RemSense Technologies'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 )
=(128.685 - 165.860) / 128.685
=-28.9%

* 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.

RemSense Technologies  (ASX:REM) 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.

RemSense Technologies 1-Year Share Buyback Ratio Related Terms

RemSense Technologies Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » RemSense Technologies Ltd (ASX:REM) » Definitions » 1-Year Share Buyback Ratio
Comparable Companies
ASX:ATV ASX:DXN ASX:SOC ASX:AD1 ASX:CT1 ASX:CGO ASX:IFG ASX:CCG ASX:ASV ASX:CCA IBM ACN NSE:TCS FI NSE:INFY NSE:HCLTECH FIS CTSH TSE:6702 XMAD:AMS
Traded in Other Exchanges
N/A
Address
580 Hay Street, Suite 173, Level 3, Perth, WA, AUS, 6000
Website
https://www.remsense.com.au
RemSense Technologies Ltd is engaged in technology development digital engineering solutions and its virtual plant photogrammic Digital Twin software product and services in a range of markets and applications in Western Australia. It is engaged in developing and market virtual plant is a productive and scalable photogrammetric digital twin that enables visual information from remote or distributed assets to be securely available to all users on existing hardware. data and analytics services to clients through both aerial and terrestrial scanning and imaging and a broad spectrum of services such as photogrammetry/surveying, inspection of assets, and environmental and rehabilitation impact studies.