GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Virtus Convertible & Income Fund II (NYSE:NCZ) » Definitions » 1-Year Share Buyback Ratio

NCZ (Virtus Convertible &ome Fund II) 1-Year Share Buyback Ratio : 0.00% (As of Jan. 2025 )


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

What is Virtus Convertible &ome Fund II 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. Virtus Convertible &ome Fund II's current 1-Year Share Buyback Ratio was 0.00%.

NCZ's 1-Year Share Buyback Ratio is not ranked *
in the Asset Management industry.
Industry Median: -0.3
* Ranked among companies with meaningful 1-Year Share Buyback Ratio only.

Competitive Comparison of Virtus Convertible &ome Fund II's 1-Year Share Buyback Ratio

For the Asset Management subindustry, Virtus Convertible &ome Fund II'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.


Virtus Convertible &ome Fund II's 1-Year Share Buyback Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Virtus Convertible &ome Fund II's 1-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Virtus Convertible &ome Fund II's 1-Year Share Buyback Ratio falls into.


;
;

Virtus Convertible &ome Fund II 1-Year Share Buyback Ratio Calculation

Virtus Convertible &ome Fund II's 1-Year Share Buyback Ratio for the quarter that ended in Jan. 2025 is calculated as

1-Year Share Buyback Ratio=(Shares Outstanding (EOP) (Jan. 2024 ) - Shares Outstanding (EOP) (Jan. 2025 )) / Shares Outstanding (EOP) (Jan. 2024 )
=(19.029 - 19.029) / 19.029
=0.0%

* 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.


Virtus Convertible &ome Fund II  (NYSE:NCZ) 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.


Virtus Convertible &ome Fund II 1-Year Share Buyback Ratio Related Terms


Virtus Convertible &ome Fund II Business Description

Traded in Other Exchanges
N/A
Address
101 Munson Street, Greenfield, MA, USA, 01301-9683
Virtus Convertible & Income Fund II is a diversified, closed-end management investment company. The investment objective of the company is to provide total return through a combination of capital appreciation and high current income. Its portfolio of investments includes different sector investments such as in healthcare services, media, oil, gas, and consumable fuels and others.
Executives
Metlife Investment Management, Llc 10 percent owner ONE METLIFE WAY, WHIPPANY NJ 07981
Mcdaniel Connie D director C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Geraldine M Mcnamara director 150 EAST 44TH ST, APT 35G, NEW YORK NY 10017
R Keith Walton director 100 PEARL STREET, HARTFORD CT 06103
Christine Hurtsellers other: CEO - Subadviser to the issuer 230 PARK AVENUE, NEW YORK NY 10169
Vincent J Costa other: CIO-Subadviser to the issuer 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Paul Zemsky other: CIO-Subadviser to the issuer 230 PARK AVENUE, NEW YORK NY 10169
Voya Investment Management Co other: Subadviser to the issuer 10 STATE HOUSE SQUARE, SH12, HARTFORD CT 06103-3602
Brian T Zino director 100 PARK AVENUE, NEW YORK NY 10017
Deborah A Decotis director 1633 BROADWAY, NEW YORK NY 10019
Michael Yee officer: Portfolio Manager C/O ALLIANZ EQUITY ADVISORS, 1345 AVE OF THE AMERICAS, NEW YORK NY 10105
David J. Oberto officer: Portfolio Manager 1633 BROADWAY, NEW YORK NY 10019
George R Aylward director, officer: President and CEO C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
James S Macleod director 250 E KILBOURN AVE, MILWAUKEE WI 53202
Richard W Smirl officer: EVP C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, HARTFORD CT 06103

Virtus Convertible &ome Fund II Headlines

From GuruFocus