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IREM Co (XKRX:009730) 1-Year Share Buyback Ratio : -30.50% (As of Dec. 2024 )


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What is IREM 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. IREM Co's current 1-Year Share Buyback Ratio was -30.50%.

XKRX:009730's 1-Year Share Buyback Ratio is ranked worse than
85.85% of 205 companies
in the Steel industry
Industry Median: -0.4 vs XKRX:009730: -30.50

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

For the Steel subindustry, IREM 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.


IREM Co's 1-Year Share Buyback Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, IREM Co's 1-Year Share Buyback Ratio distribution charts can be found below:

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


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IREM Co 1-Year Share Buyback Ratio Calculation

IREM 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 )
=(35.899 - 46.855) / 35.899
=-30.5%

* 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.


IREM Co  (XKRX:009730) 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.


IREM Co 1-Year Share Buyback Ratio Related Terms


IREM Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
Room 1102, Smart K A Tower, 20 Gwacheon-daero 7-gil, Gyeonggi-do (Building A), Gwacheon-si, KOR, 13840
IREM Co Ltd operates in the steel industry in South Korea. The company is engaged in manufacturing of stainless steel pipes and tubes.

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