Nedbank Group (FRA:NCO) 1-Year Share Buyback Ratio : -0.50% (As of Dec. 2024 )

View and export this data going back to 2006. Start your Free Trial

What is Nedbank 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. Nedbank Group's current 1-Year Share Buyback Ratio was -0.50%.

FRA:NCO's 1-Year Share Buyback Ratio is ranked worse than
61.68% of 942 companies
in the Banks industry
Industry Median: -0.2 vs FRA:NCO: -0.50

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

For the Banks - Regional subindustry, Nedbank 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.

Nedbank Group's 1-Year Share Buyback Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Nedbank Group's 1-Year Share Buyback Ratio distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Nedbank Group 1-Year Share Buyback Ratio Calculation

Nedbank Group'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 )
	=	(464.566	-	466.995)	/	464.566
	=	-0.5%

* 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.

Nedbank Group (FRA:NCO) 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.

Nedbank Group 1-Year Share Buyback Ratio Related Terms

Nedbank Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Nedbank Group Ltd (FRA:NCO) » Definitions » 1-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

NED:South Africa NDBKY:USA NDBKF:USA NBK:Namibia NCO:Germany

Address

135 Rivonia Road, Nedbank 135 Rivonia Campus, Sandown, Sandton, Johannesburg, GT, ZAF, 2196

Website

https://www.nedbankgroup.co.za

Nedbank Group Ltd is a financial services provider that offers corporate, retail, and investment banking services; insurance; asset management; and wealth management. It operates predominantly in South Africa. Net interest income from lending activities accounts for roughly half of the company's total revenue. Its operating segments include Nedbank Corporate and Investment Banking, Nedbank Retail and Business Banking, Nedbank Wealth, Nedbank Africa Regions, and Centre.

Nedbank Group Headlines

No Headlines