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NetApp (BSP:N1TA34) 1-Year Share Buyback Ratio : 1.30% (As of Jan. 2025 )


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What is NetApp 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. NetApp's current 1-Year Share Buyback Ratio was 1.30%.

BSP:N1TA34's 1-Year Share Buyback Ratio is ranked better than
85.29% of 1210 companies
in the Hardware industry
Industry Median: -0.7 vs BSP:N1TA34: 1.30

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

For the Computer Hardware subindustry, NetApp'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.


NetApp's 1-Year Share Buyback Ratio Distribution in the Hardware Industry

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

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


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NetApp 1-Year Share Buyback Ratio Calculation

NetApp's 1-Year Share Buyback Ratio for the quarter that ended in Jan. 2025 is calculated as

1-Year Share Buyback Ratio=(Shares Outstanding (EOP) (Jan. 2024 ) - Shares Outstanding (EOP) (Jan. 2025 )) / Shares Outstanding (EOP) (Jan. 2024 )
=(206.000 - 203.306) / 206.000
=1.3%

* 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.


NetApp  (BSP:N1TA34) 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.


NetApp 1-Year Share Buyback Ratio Related Terms


NetApp Business Description

Industry
Traded in Other Exchanges
Address
3060 Olsen Drive, San Jose, CA, USA, 95128
NetApp Inc is a provider of enterprise data management and storage solutions. The company's segments include Hybrid Cloud and Public Cloud. It generates maximum revenue from the Hybrid Cloud segment. The Hybrid Cloud segment offers a portfolio of storage management and infrastructure solutions that help customers recast their traditional data centers with the power of cloud. This portfolio is designed to operate with public clouds to unlock the potential of hybrid, multi-cloud operations. Hybrid Cloud is composed of software, hardware, and related support, as well as professional and other services.

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