Cubex Tubings (BOM:526027) 3-Month Share Buyback Ratio : 0.00% (As of Sep. 2024 )

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What is Cubex Tubings 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. Cubex Tubings's current 3-Month Share Buyback Ratio was 0.00%.

Competitive Comparison of Cubex Tubings's 3-Month Share Buyback Ratio

For the Copper subindustry, Cubex Tubings'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.

Cubex Tubings's 3-Month Share Buyback Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Cubex Tubings's 3-Month Share Buyback Ratio distribution charts can be found below:

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

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Cubex Tubings 3-Month Share Buyback Ratio Calculation

Cubex Tubings's 3-Month Share Buyback Ratio for the quarter that ended in Sep. 2024 is calculated as

3-Month Share Buyback Ratio	=	(Shares Outstanding (EOP) (Jun. 2024 )	-	Shares Outstanding (EOP) (Sep. 2024 ))	/	Shares Outstanding (EOP) (Jun. 2024 )
	=	(14.319	-	14.319)	/	14.319
	=	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.

Cubex Tubings (BOM:526027) 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.

Cubex Tubings 3-Month Share Buyback Ratio Related Terms

Cubex Tubings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cubex Tubings Ltd (BOM:526027) » Definitions » 3-Month Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

CUBEXTUB:India

Address

Sarojini Devi Road, 1-7-27 to 34, 2nd Floor, Shyam Towers, United Building Complex, Secunderabad, TG, IND, 500003

Website

https://www.cubextubings.com

Cubex Tubings Ltd is a producer of copper and copper-base alloy products. It manufactures seamless tubes, rods, strips, profiles, and wires of copper and copper-based alloys such as Cupronickel, admiralty Brass, and Aluminum Brass. The products are used by the industries such as Power plants, Power plant manufacturers, switchgear, Refineries, Furnace manufacturers, Sugar plants, Automobile, Electrical Equipment industries, and Shipbuilding. The company operates in only one segment which is Copper and copper alloy products.

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