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FINGF (Finning International) 1-Year Share Buyback Ratio : 5.60% (As of Dec. 2024 )


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What is Finning International 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. Finning International's current 1-Year Share Buyback Ratio was 5.60%.

FINGF's 1-Year Share Buyback Ratio is ranked better than
97.53% of 81 companies
in the Industrial Distribution industry
Industry Median: -0.1 vs FINGF: 5.60

Competitive Comparison of Finning International's 1-Year Share Buyback Ratio

For the Industrial Distribution subindustry, Finning International'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.


Finning International's 1-Year Share Buyback Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Finning International's 1-Year Share Buyback Ratio distribution charts can be found below:

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


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Finning International 1-Year Share Buyback Ratio Calculation

Finning International'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 )
=(144.007 - 135.971) / 144.007
=5.6%

* 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.


Finning International  (OTCPK:FINGF) 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.


Finning International 1-Year Share Buyback Ratio Related Terms


Finning International Business Description

Traded in Other Exchanges
Address
19100 94th Avenue, Surrey, BC, CAN, V4N 5C3
Finning International Inc is a dealer and distributor of heavy-duty machinery and parts of the Caterpillar brand. The company sells and rents Caterpillar machinery to the mining, construction, petroleum, forestry, and power system application industries. Finning International further provides parts and services for equipment and engines to its customers via its owned distribution network and buys and sells used equipment domestically and internationally after reconditioning or rebuilding the machinery. The company operates in Canada, Chile, UK, Argentina and Others.