SMPNY (Sompo Holdings) 1-Year Share Buyback Ratio : 1.80% (As of Sep. 2024 )

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What is Sompo Holdings 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. Sompo Holdings's current 1-Year Share Buyback Ratio was 1.80%.

SMPNY's 1-Year Share Buyback Ratio is ranked better than
73.58% of 246 companies
in the Insurance industry
Industry Median: -0.1 vs SMPNY: 1.80

Competitive Comparison of Sompo Holdings's 1-Year Share Buyback Ratio

For the Insurance - Property & Casualty subindustry, Sompo Holdings'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.

Sompo Holdings's 1-Year Share Buyback Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Sompo Holdings's 1-Year Share Buyback Ratio distribution charts can be found below:

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

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Sompo Holdings 1-Year Share Buyback Ratio Calculation

Sompo Holdings'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 )
	=	(1975.102	-	1940.464)	/	1975.102
	=	1.8%

* 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.

Sompo Holdings (OTCPK:SMPNY) 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.

Sompo Holdings 1-Year Share Buyback Ratio Related Terms

Sompo Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sompo Holdings Inc (OTCPK:SMPNY) » Definitions » 1-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

NHOLF:USA 8630:Japan ANK:Germany

Address

26-1, Nishi-Shinjuku 1-chome, Shinjuku-ku, Tokyo, JPN, 160-8338

Website

http://www.sompo-hd.com

Sompo Holdings was formed in 2010 after the merger of the former Sompo Japan and Nipponkoa Insurance. The name Sompo, which means "nonlife insurance" in Japanese, was adopted as a common brand in 2001 for a planned three-way merger of Yasuda Fire, Nissan Fire, and Taisei Fire. Sompo has around a 26% market share of nonlife insurance premiums in Japan, compared with around 29% and 33% for larger rivals Tokio Marine and MS&AD.