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Chino (TSE:6850) 1-Year Share Buyback Ratio : -0.20% (As of Sep. 2024 )


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What is Chino 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. Chino's current 1-Year Share Buyback Ratio was -0.20%.

TSE:6850's 1-Year Share Buyback Ratio is ranked better than
65.85% of 1189 companies
in the Hardware industry
Industry Median: -0.7 vs TSE:6850: -0.20

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

For the Scientific & Technical Instruments subindustry, Chino'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.


Chino's 1-Year Share Buyback Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Chino's 1-Year Share Buyback Ratio distribution charts can be found below:

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


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Chino 1-Year Share Buyback Ratio Calculation

Chino'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) (Jun. 2023 ) - Shares Outstanding (EOP) (Sep. 2024 )) / Shares Outstanding (EOP) (Jun. 2023 )
=(8.484 - 8.504) / 8.484
=-0.2%

* 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.


Chino  (TSE:6850) 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.


Chino 1-Year Share Buyback Ratio Related Terms


Chino Business Description

Industry
Traded in Other Exchanges
N/A
Address
32-8, Kumano-cho, Itabashi-Ku, Tokyo, JPN, 173-8632
Chino Corp is engaged in the manufacture and sale of instrumentation and control equipment. The product line includes - temperature sensors, infrared radiation thermometers, recorders, data loggers, temperature calibration equipment, fuel cell testing systems, compressor performance testing systems, and instrumentation components.

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