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VLXC (Veltex) 1-Year Share Buyback Ratio : -11.30% (As of Sep. 2024 )


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What is Veltex 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. Veltex's current 1-Year Share Buyback Ratio was -11.30%.

VLXC's 1-Year Share Buyback Ratio is ranked worse than
74.69% of 403 companies
in the Healthcare Providers & Services industry
Industry Median: -1.1 vs VLXC: -11.30

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

For the Medical Care Facilities subindustry, Veltex'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.


Veltex's 1-Year Share Buyback Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Veltex's 1-Year Share Buyback Ratio distribution charts can be found below:

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


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Veltex 1-Year Share Buyback Ratio Calculation

Veltex'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 )
=(80.976 - 90.166) / 80.976
=-11.3%

* 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.


Veltex  (OTCPK:VLXC) 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.


Veltex 1-Year Share Buyback Ratio Related Terms


Veltex Business Description

Traded in Other Exchanges
N/A
Address
123 West Madison Street, Suite 1500, Chicago, IL, USA, 60602
Veltex Corp is a United States-based holding company. The company is engaged in the development and acquisition of companies that have established or advanced the latest modalities in the areas of health, wellness, and recovery. Its market includes rehab centres and treatment centres. The company also acquires real estate properties.