CMGR (Clubhouse Media Group) 1-Year Share Buyback Ratio : -89.50% (As of Jun. 2024 )

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What is Clubhouse Media Group 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. Clubhouse Media Group's current 1-Year Share Buyback Ratio was -89.50%.

CMGR's 1-Year Share Buyback Ratio is ranked worse than
93.21% of 530 companies
in the Media - Diversified industry
Industry Median: -1.4 vs CMGR: -89.50

Competitive Comparison of Clubhouse Media Group's 1-Year Share Buyback Ratio

For the Advertising Agencies subindustry, Clubhouse Media Group'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.

Clubhouse Media Group's 1-Year Share Buyback Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Clubhouse Media Group's 1-Year Share Buyback Ratio distribution charts can be found below:

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

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Clubhouse Media Group 1-Year Share Buyback Ratio Calculation

Clubhouse Media Group's 1-Year Share Buyback Ratio for the quarter that ended in Jun. 2024 is calculated as

1-Year Share Buyback Ratio	=	(Shares Outstanding (EOP) (Jun. 2023 )	-	Shares Outstanding (EOP) (Jun. 2024 ))	/	Shares Outstanding (EOP) (Jun. 2023 )
	=	(8640.088	-	16372.179)	/	8640.088
	=	-89.5%

* 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.

Clubhouse Media Group (OTCPK:CMGR) 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.

Clubhouse Media Group 1-Year Share Buyback Ratio Related Terms

Clubhouse Media Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Clubhouse Media Group Inc (OTCPK:CMGR) » Definitions » 1-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

3651 Lindell Road, Suite D517, Las Vegas, NV, USA, 89103

Website

https://www.clubhousemediagroup.com

Clubhouse Media Group Inc is a social media firm. The company focuses its efforts and resources on growing its wholly owned, creator monetization platform, HoneyDrip.com. The platform allows celebrities and influencers to create, post, communicate, and sell content directly to their fans. The company collects 30% commission on all transactions on the site.

Executives

Christian Jonathan Young

director, officer: Former Officer and Director

1744 VIRGINIA AVE, GLENDALE CA 91202