SBMSF (Danakali) 1-Year Share Buyback Ratio : 0.00% (As of Jun. 2024 )

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

SBMSF's 1-Year Share Buyback Ratio is not ranked ^*
in the Agriculture industry.
Industry Median: -0.4
* Ranked among companies with meaningful 1-Year Share Buyback Ratio only.

Competitive Comparison of Danakali's 1-Year Share Buyback Ratio

For the Agricultural Inputs subindustry, Danakali'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.

Danakali's 1-Year Share Buyback Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Danakali's 1-Year Share Buyback Ratio distribution charts can be found below:

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

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Danakali 1-Year Share Buyback Ratio Calculation

Danakali'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 )
	=	(368.334	-	368.334)	/	368.334
	=	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.

Danakali (OTCPK:SBMSF) 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.

Danakali 1-Year Share Buyback Ratio Related Terms

Danakali Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Danakali Ltd (OTCPK:SBMSF) » Definitions » 1-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

DNK:Australia

Address

2A/300 Fitzgerald Street, Level 1, North Perth, WA, AUS, 6006

Website

https://www.danakali.com

Danakali Ltd is a potash mining company engaged in developing the Colluli Potash Project in Eritrea, East Africa. It generates the majority of its revenue in the form of interest.

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