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Mongolian Mining (FRA:29X2) 1-Year Share Buyback Ratio : -0.60% (As of Dec. 2024 )


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What is Mongolian Mining 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. Mongolian Mining's current 1-Year Share Buyback Ratio was -0.60%.

FRA:29X2's 1-Year Share Buyback Ratio is ranked worse than
53.43% of 204 companies
in the Steel industry
Industry Median: -0.4 vs FRA:29X2: -0.60

Competitive Comparison of Mongolian Mining's 1-Year Share Buyback Ratio

For the Coking Coal subindustry, Mongolian Mining'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.


Mongolian Mining's 1-Year Share Buyback Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mongolian Mining's 1-Year Share Buyback Ratio distribution charts can be found below:

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


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Mongolian Mining 1-Year Share Buyback Ratio Calculation

Mongolian Mining'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 )
=(1042.477 - 1049.081) / 1042.477
=-0.6%

* 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.


Mongolian Mining  (FRA:29X2) 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.


Mongolian Mining 1-Year Share Buyback Ratio Related Terms


Mongolian Mining Business Description

Traded in Other Exchanges
Address
Central Tower, 16th Floor, Sukhbaatar District, Ulaanbaatar, MNG, 14200
Mongolian Mining Corp, together with its subsidiaries, engages in the mining, processing, transportation, and sale of coal products in Mongolia. The company owns and operates the Ukhaa Khudag and the Baruun Naran open-pit coking coal mines located in the Umnugobi aimag, Mongolia. The company generates revenue from the sale of Washed hard-coking coal, Washed semi-soft coking coal, Middlings, Washed mid-ash semi-hard coking coal, and Raw thermal coal. The majority of the revenue is generated from the sale of Washed hard-coking coal. China accounts for the majority of the sales of its products.

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