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INBX (Inhibrx Biosciences) 1-Year Share Buyback Ratio : -1.70% (As of Dec. 2024 )


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What is Inhibrx Biosciences 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. Inhibrx Biosciences's current 1-Year Share Buyback Ratio was -1.70%.

INBX's 1-Year Share Buyback Ratio is ranked better than
74.71% of 1202 companies
in the Biotechnology industry
Industry Median: -13.65 vs INBX: -1.70

Competitive Comparison of Inhibrx Biosciences's 1-Year Share Buyback Ratio

For the Biotechnology subindustry, Inhibrx Biosciences'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.


Inhibrx Biosciences's 1-Year Share Buyback Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Inhibrx Biosciences's 1-Year Share Buyback Ratio distribution charts can be found below:

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


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Inhibrx Biosciences 1-Year Share Buyback Ratio Calculation

Inhibrx Biosciences'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 )
=(14.241 - 14.476) / 14.241
=-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.


Inhibrx Biosciences  (NAS:INBX) 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.


Inhibrx Biosciences 1-Year Share Buyback Ratio Related Terms


Inhibrx Biosciences Business Description

Traded in Other Exchanges
N/A
Address
11025 N. Torrey Pines Road, Suite 140, La Jolla, CA, USA, 92037
Inhibrx Biosciences Inc is a clinical-stage biopharmaceutical company with a pipeline of novel biologic therapeutic candidates, developed using its proprietary modular protein engineering platforms. Its clinical pipeline of therapeutic candidates includes INBRX-109 and INBRX-106, both of which utilize their multivalent formats where the precise valency can be optimized in a target-centric way to mediate what experts consider to be the predominant agonist function.