Formosa Taffeta Co (TPE:1434) 1-Year Share Buyback Ratio : 0.00% (As of Dec. 2024 )

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What is Formosa Taffeta 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. Formosa Taffeta Co's current 1-Year Share Buyback Ratio was 0.00%.

TPE:1434's 1-Year Share Buyback Ratio is not ranked ^*
in the Manufacturing - Apparel & Accessories industry.
Industry Median: -0.7
* Ranked among companies with meaningful 1-Year Share Buyback Ratio only.

Competitive Comparison of Formosa Taffeta Co's 1-Year Share Buyback Ratio

For the Textile Manufacturing subindustry, Formosa Taffeta 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.

Formosa Taffeta Co's 1-Year Share Buyback Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Formosa Taffeta Co's 1-Year Share Buyback Ratio distribution charts can be found below:

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

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Formosa Taffeta Co 1-Year Share Buyback Ratio Calculation

Formosa Taffeta Co's 1-Year Share Buyback Ratio for the quarter that ended in Dec. 2024 is calculated as

1-Year Share Buyback Ratio	=	(Shares Outstanding (EOP) (Dec. 2023 )	-	Shares Outstanding (EOP) (Dec. 2024 ))	/	Shares Outstanding (EOP) (Dec. 2023 )
	=	(1682.472	-	1682.472)	/	1682.472
	=	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.

Formosa Taffeta Co (TPE:1434) 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.

Formosa Taffeta Co 1-Year Share Buyback Ratio Related Terms

Formosa Taffeta Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Formosa Taffeta Co Ltd (TPE:1434) » Definitions » 1-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nanjing East Road, Neihu, 2F., No.388, Sec.6, Taipei, TWN, 114030

Website

http://www.ftc.com.tw

Formosa Taffeta Co Ltd is a Taiwan-based company that is principally involved in the textile industry. The company is engaged in fiber dyeing and finishing, manufacturing, and sales of curtains. The company's business segments include the first business group segment, which is involved in the production and sale of woven, dyeing & finishing products, and management of overseas subsidiaries' plants; the cord fabric segment, which produces and offers tire cords; the gasoline segment, which offers gasoline and car washing, and Other segments. The company generates maximum revenue through the First business group segment.

Formosa Taffeta Co Headlines

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