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ServiceNow (BSP:N1OW34) 1-Year Share Buyback Ratio : -0.90% (As of Dec. 2024 )


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What is ServiceNow 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. ServiceNow's current 1-Year Share Buyback Ratio was -0.90%.

BSP:N1OW34's 1-Year Share Buyback Ratio is ranked better than
55.45% of 1807 companies
in the Software industry
Industry Median: -1.3 vs BSP:N1OW34: -0.90

Competitive Comparison of ServiceNow's 1-Year Share Buyback Ratio

For the Software - Application subindustry, ServiceNow'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.


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

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

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


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ServiceNow 1-Year Share Buyback Ratio Calculation

ServiceNow'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 )
=(10236.200 - 10324.350) / 10236.200
=-0.9%

* 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.


ServiceNow  (BSP:N1OW34) 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.


ServiceNow 1-Year Share Buyback Ratio Related Terms


ServiceNow Business Description

Industry
Address
2225 Lawson Lane, Santa Clara, CA, USA, 95054
ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management, expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service.

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