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Allied Gaming & Entertainment (FRA:2AA) 1-Year Share Buyback Ratio : -3.40% (As of Sep. 2024 )


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What is Allied Gaming & Entertainment 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. Allied Gaming & Entertainment's current 1-Year Share Buyback Ratio was -3.40%.

FRA:2AA's 1-Year Share Buyback Ratio is ranked worse than
60.8% of 528 companies
in the Media - Diversified industry
Industry Median: -1.3 vs FRA:2AA: -3.40

Competitive Comparison of Allied Gaming & Entertainment's 1-Year Share Buyback Ratio

For the Entertainment subindustry, Allied Gaming & Entertainment'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.


Allied Gaming & Entertainment's 1-Year Share Buyback Ratio Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Allied Gaming & Entertainment's 1-Year Share Buyback Ratio falls into.


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Allied Gaming & Entertainment 1-Year Share Buyback Ratio Calculation

Allied Gaming & Entertainment's 1-Year Share Buyback Ratio for the quarter that ended in Sep. 2024 is calculated as

1-Year Share Buyback Ratio=(Shares Outstanding (EOP) (Sep. 2023 ) - Shares Outstanding (EOP) (Sep. 2024 )) / Shares Outstanding (EOP) (Sep. 2023 )
=(36.843 - 38.106) / 36.843
=-3.4%

* 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.


Allied Gaming & Entertainment  (FRA:2AA) 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.


Allied Gaming & Entertainment 1-Year Share Buyback Ratio Related Terms


Allied Gaming & Entertainment Business Description

Traded in Other Exchanges
Address
745 Fifth Avenue, Suite 500, New York, NY, USA, 10151
Allied Gaming & Entertainment Inc is an experiential entertainment company focused on providing a growing world of gamers with various experiences through renowned assets, products, and services.

Allied Gaming & Entertainment Headlines

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