SPGX (Sustainable Projects Group) 1-Year Share Buyback Ratio : -4.60% (As of Sep. 2024 )

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What is Sustainable Projects Group 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. Sustainable Projects Group's current 1-Year Share Buyback Ratio was -4.60%.

SPGX's 1-Year Share Buyback Ratio is ranked better than
74.58% of 1916 companies
in the Metals & Mining industry
Industry Median: -18.7 vs SPGX: -4.60

Competitive Comparison of Sustainable Projects Group's 1-Year Share Buyback Ratio

For the Other Industrial Metals & Mining subindustry, Sustainable Projects Group'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.

Sustainable Projects Group's 1-Year Share Buyback Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sustainable Projects Group's 1-Year Share Buyback Ratio distribution charts can be found below:

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

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Sustainable Projects Group 1-Year Share Buyback Ratio Calculation

Sustainable Projects Group'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 )
	=	(292.697	-	306.220)	/	292.697
	=	-4.6%

* 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.

Sustainable Projects Group (OTCPK:SPGX) 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.

Sustainable Projects Group 1-Year Share Buyback Ratio Related Terms

Sustainable Projects Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sustainable Projects Group Inc (OTCPK:SPGX) » Definitions » 1-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tankedraget 7, Aalborg, DNK, DK-9000

Website

https://www.spgroupe.com

Sustainable Projects Group Inc is a pure-play lithium company focused on supplying high-performance lithium compounds to the fast-growing electric vehicle (EV) and broader battery markets. It has developed a proprietary technology to extract lithium from oilfield wastewater, which It believes will enable the company to manufacture lithium compounds quickly, at an attractive cost, and with a minimal environmental footprint, which it expects to provide the company with a competitive advantage over other lithium manufacturers.

Executives

Mathiesen Sune	director, officer: Chairman, President and CEO	HELSTED HUSEVEJ 45, RANDERS G7 8920
Kestrel Flight Fund Llc	10 percent owner	149 MEADOWBROOK ROAD, WESTON MA 02493
Paw Juul	officer: Chief Technology Officer	2316 PINE RIDGE ROAD #383, NAPLES FL 34109
Paul Meier	10 percent owner	STEINLERSTRASSE 18, WANGI V8 9545
Muehlbauer Kurt Manfred Henry	other: Shareholder	12851 CARRINGTON CIR, #203, NAPLES FL 34105
Tiffany Anne Muehlbauer	officer: Chief Operating Officer	12850 CARRINGTON CIR, #102, NAPLES FL 34105
Stefan Muehlbauer	director, officer: Chief Communications Officer	12850 CARRINGTON CIRCLE, #102, NAPLES FL 34105
Christian Winzenried	director, officer: CEO / President	2316 PINE RIDGE ROAD, 383, NAPLES FL 34109
Philip Grothe	director	HAGELSTRASSE 72, DINSLAKEN 2M 46535
Christopher Grunder	10 percent owner	2316 PINE RIDGE ROAD, 383, NAPLES FL 34109
Suha Hachler	director, officer: CFO	403 E. COMMERCE STREET, SAN ANTONIO TX 78205