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Wuxi Acryl Technology Co (SHSE:603722) 1-Year Share Buyback Ratio : -8.80% (As of Sep. 2024 )


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What is Wuxi Acryl Technology Co 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. Wuxi Acryl Technology Co's current 1-Year Share Buyback Ratio was -8.80%.

SHSE:603722's 1-Year Share Buyback Ratio is ranked worse than
77.63% of 599 companies
in the Chemicals industry
Industry Median: -0.2 vs SHSE:603722: -8.80

Competitive Comparison of Wuxi Acryl Technology Co's 1-Year Share Buyback Ratio

For the Specialty Chemicals subindustry, Wuxi Acryl Technology Co'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.


Wuxi Acryl Technology Co's 1-Year Share Buyback Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Wuxi Acryl Technology Co's 1-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Wuxi Acryl Technology Co's 1-Year Share Buyback Ratio falls into.


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Wuxi Acryl Technology Co 1-Year Share Buyback Ratio Calculation

Wuxi Acryl Technology Co's 1-Year Share Buyback Ratio for the quarter that ended in Sep. 2024 is calculated as

1-Year Share Buyback Ratio=(Shares Outstanding (EOP) (Sep. 2023 ) - Shares Outstanding (EOP) (Sep. 2024 )) / Shares Outstanding (EOP) (Sep. 2023 )
=(87.938 - 95.700) / 87.938
=-8.8%

* 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.


Wuxi Acryl Technology Co  (SHSE:603722) 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.


Wuxi Acryl Technology Co 1-Year Share Buyback Ratio Related Terms


Wuxi Acryl Technology Co Business Description

Traded in Other Exchanges
N/A
Address
New Materials Industrial Park, Xishan District, Donggang Town, Jiangsu Province, Wuxi, CHN, 214196
Wuxi Acryl Technology Co Ltd produces and sells various types of fine chemical products. It offers special epoxy resins, polyester resins, and acrylic resins, as well as well as optical grade polymer materials and other chemical products. Its products include polyether amines and acrylic acid monomer.
Executives
Zhang Wen Quan Director
Cui Xiao Li Director
Zhu Xue Jun Director
Chang Jun Director
Feng Li senior management
You Wei Min Director

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