GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » QinetiQ Group PLC (FRA:QY6) » Definitions » 1-Year Share Buyback Ratio

QinetiQ Group (FRA:QY6) 1-Year Share Buyback Ratio : 1.70% (As of Sep. 2024 )


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

What is QinetiQ 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. QinetiQ Group's current 1-Year Share Buyback Ratio was 1.70%.

FRA:QY6's 1-Year Share Buyback Ratio is ranked better than
92.12% of 165 companies
in the Aerospace & Defense industry
Industry Median: -1.7 vs FRA:QY6: 1.70

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

For the Aerospace & Defense subindustry, QinetiQ 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.


QinetiQ Group's 1-Year Share Buyback Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, QinetiQ Group's 1-Year Share Buyback Ratio distribution charts can be found below:

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


;
;

QinetiQ Group 1-Year Share Buyback Ratio Calculation

QinetiQ Group'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 )
=(575.900 - 565.822) / 575.900
=1.7%

* 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.


QinetiQ Group  (FRA:QY6) 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.


QinetiQ Group 1-Year Share Buyback Ratio Related Terms


QinetiQ Group Business Description

Traded in Other Exchanges
Address
Ively Road, Cody Technology Park, Farnborough, Hampshire, GBR, GU14 0LX
QinetiQ Group PLC is a company operating in the global aerospace, defense, and security sectors. The services and products offered are air (air engineering services, air traffic management, safety, and environmental management); C4ISR (communication, reconnaissance, intelligence and surveillance, space security, fast jet sensor fusion training, sensors, cyber and data science among many others); Cyber (accreditation support, security health check, data classification, insider threat management among others); Maritime ( Maritime Autonomy Centre, Naval Mission Systems, Maritime Stealth among many others).

QinetiQ Group Headlines

No Headlines