OCG (Oriental Culture Holding) 1-Year Share Buyback Ratio : -337.40% (As of Jun. 2024 )

View and export this data going back to 2020. Start your Free Trial

What is Oriental Culture Holding 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. Oriental Culture Holding's current 1-Year Share Buyback Ratio was -337.40%.

OCG's 1-Year Share Buyback Ratio is ranked worse than
97.83% of 552 companies
in the Retail - Cyclical industry
Industry Median: -0.3 vs OCG: -337.40

Competitive Comparison of Oriental Culture Holding's 1-Year Share Buyback Ratio

For the Internet Retail subindustry, Oriental Culture Holding'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.

Oriental Culture Holding's 1-Year Share Buyback Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Oriental Culture Holding's 1-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Oriental Culture Holding's 1-Year Share Buyback Ratio falls into.

Save Embed

;

Save Embed

;

Oriental Culture Holding 1-Year Share Buyback Ratio Calculation

Oriental Culture Holding's 1-Year Share Buyback Ratio for the quarter that ended in Jun. 2024 is calculated as

1-Year Share Buyback Ratio	=	(Shares Outstanding (EOP) (Jun. 2023 )	-	Shares Outstanding (EOP) (Jun. 2024 ))	/	Shares Outstanding (EOP) (Jun. 2023 )
	=	(4.245	-	18.569)	/	4.245
	=	-337.4%

* 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.

Oriental Culture Holding (NAS:OCG) 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.

Oriental Culture Holding 1-Year Share Buyback Ratio Related Terms

Oriental Culture Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Oriental Culture Holding Ltd (NAS:OCG) » Definitions » 1-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

198-200 Queen’s Road Central, Room 1402, Richmake Commercial Building, Hong Kong, HKG

Website

http://www.ocgroup.hk

Oriental Culture Holding Ltd is an online provider of collectibles and artwork e-commerce services. The company also offers online and offline integrated marketing, storage, and technical maintenance service to customers in China and Hong Kong. It operates through one segment namely, e-commerce of artwork trading. It generates revenue through listing service fees, transaction fees, and other revenues collected from traders.