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Avance Technologies (BOM:512149) 3-Month Share Buyback Ratio : 0.00% (As of Dec. 2024 )


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What is Avance Technologies 3-Month Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Avance Technologies's current 3-Month Share Buyback Ratio was 0.00%.


Competitive Comparison of Avance Technologies's 3-Month Share Buyback Ratio

For the Information Technology Services subindustry, Avance Technologies's 3-Month Share Buyback Ratio, along with its competitors' market caps and 3-Month 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.


Avance Technologies's 3-Month Share Buyback Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Avance Technologies's 3-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Avance Technologies's 3-Month Share Buyback Ratio falls into.


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Avance Technologies 3-Month Share Buyback Ratio Calculation

Avance Technologies's 3-Month Share Buyback Ratio for the quarter that ended in Dec. 2024 is calculated as

3-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Sep. 2024 ) - Shares Outstanding (EOP) (Dec. 2024 )) / Shares Outstanding (EOP) (Sep. 2024 )
=(1981.917 - 1981.917) / 1981.917
=0.00%

* 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.


Avance Technologies  (BOM:512149) 3-Month 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.


Avance Technologies 3-Month Share Buyback Ratio Related Terms


Avance Technologies Business Description

Traded in Other Exchanges
N/A
Address
Office No. 226/227, Second Floor, Majestic Center, 144 Opera House, Mumbai, MH, IND, 400002
Avance Technologies Ltd is involved in trading information technology software products. The company's main activities include the resale of software and hardware. Its Digital Infrastructure Management Services comprise Data center management and optimization, Cloud computing solutions, IoT infrastructure management, Data storage solutions, Digital transformation consulting, and Hybrid cloud integration. Its Data Center Services include Network infrastructure design and deployment, Server management and maintenance, and Data backup and restoration services. The company generates revenue from the sale of IT products.

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