MJARF (MJardin Group) 1-Year Share Buyback Ratio : 0.00% (As of Sep. 2021 )

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What is MJardin 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. MJardin Group's current 1-Year Share Buyback Ratio was 0.00%.

MJARF's 1-Year Share Buyback Ratio is not ranked ^*
in the Drug Manufacturers industry.
Industry Median: -1.7
* Ranked among companies with meaningful 1-Year Share Buyback Ratio only.

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

For the Drug Manufacturers - Specialty & Generic subindustry, MJardin 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.

MJardin Group's 1-Year Share Buyback Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, MJardin Group's 1-Year Share Buyback Ratio distribution charts can be found below:

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

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MJardin Group 1-Year Share Buyback Ratio Calculation

MJardin Group's 1-Year Share Buyback Ratio for the quarter that ended in Sep. 2021 is calculated as

1-Year Share Buyback Ratio	=	(Shares Outstanding (EOP) (Sep. 2020 )	-	Shares Outstanding (EOP) (Sep. 2021 ))	/	Shares Outstanding (EOP) (Sep. 2020 )
	=	(89.741	-	90.140)	/	89.741
	=	-0.4%

* 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.

MJardin Group (OTCPK:MJARF) 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.

MJardin Group 1-Year Share Buyback Ratio Related Terms

MJardin Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » MJardin Group Inc (OTCPK:MJARF) » Definitions » 1-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Toronto Street, Suite 801, Toronto, ON, CAN, M5C 2V6

Website

https://www.mjardin.com

MJardin Group Inc is a Canada based cannabis cultivation and management company. It is engaged in the cultivation, processing, and distribution of medical cannabis. The company's operating segment includes Cultivation management in USA and Cultivation operations in Canada. It generates maximum revenue from the Cultivation management in USA segment. Cultivation management in USA segment engaged in the management services to owners of cultivation and dispensary facilities. The services provided are consulting, design, operational, and other management services.