VRSEF (Verisante Technology) 1-Year Share Buyback Ratio : -34.20% (As of Sep. 2024 )

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What is Verisante Technology 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. Verisante Technology's current 1-Year Share Buyback Ratio was -34.20%.

VRSEF's 1-Year Share Buyback Ratio is ranked worse than
80.74% of 571 companies
in the Medical Devices & Instruments industry
Industry Median: -2.6 vs VRSEF: -34.20

Competitive Comparison of Verisante Technology's 1-Year Share Buyback Ratio

For the Medical Devices subindustry, Verisante Technology'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.

Verisante Technology's 1-Year Share Buyback Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Verisante Technology's 1-Year Share Buyback Ratio distribution charts can be found below:

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

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Verisante Technology 1-Year Share Buyback Ratio Calculation

Verisante Technology'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 )
	=	(32.738	-	43.938)	/	32.738
	=	-34.2%

* 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.

Verisante Technology (OTCPK:VRSEF) 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.

Verisante Technology 1-Year Share Buyback Ratio Related Terms

Verisante Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Verisante Technology Inc (OTCPK:VRSEF) » Definitions » 1-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

VER.H:Canada

Address

170 - 422 Richards Street, Vancouver, BC, CAN, V6B 2Z4

Website

https://www.verisante.com

Verisante Technology Inc does not have significant operations. It is currently seeking out opportunities to acquire a successful business such as a leading provider of cutting-edge technologies and services, offering scalable solutions.