DAC (Danaos) 1-Year Share Buyback Ratio : 2.20% (As of Dec. 2024 )

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What is Danaos 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. Danaos's current 1-Year Share Buyback Ratio was 2.20%.

DAC's 1-Year Share Buyback Ratio is ranked better than
85.65% of 425 companies
in the Transportation industry
Industry Median: -0.2 vs DAC: 2.20

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

For the Marine Shipping subindustry, Danaos'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.

Danaos's 1-Year Share Buyback Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Danaos's 1-Year Share Buyback Ratio distribution charts can be found below:

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

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Danaos 1-Year Share Buyback Ratio Calculation

Danaos'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 )
	=	(19.419	-	18.988)	/	19.419
	=	2.2%

* 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.

Danaos (NYSE:DAC) 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.

Danaos 1-Year Share Buyback Ratio Related Terms

Danaos Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Danaos Corp (NYSE:DAC) » Definitions » 1-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

DVW1:Germany

Address

c/o Danaos Shipping Co. Ltd, 14 Akti Kondyli, Piraeus, GRC, 185 45

Website

https://www.danaos.com

Danaos Corp is an international owner of containerships. It provides international seaborne transportation services by operating vessels in the containership sector of the shipping industry. The company's customers include, HMM, MSC, Yang Ming, Hapag Lloyd, ZIM, Maersk, COSCO, OOCL, ONE, PIL, Sealead, Niledutch, Samudera, OSC, and Arkas. Geographically, the company operates in Australia-Asia, Europe, and America, with maximum revenue from the Australia-Asia region. It has two reporting segments Container vessels and Drybulk vessels segment. It generates the majority of its revenue from Container vessels.