Snap (BUE:SNAP) 3-Month Share Buyback Ratio : -1.10% (As of Dec. 2024 )

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What is Snap 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. Snap's current 3-Month Share Buyback Ratio was -1.10%.

Competitive Comparison of Snap's 3-Month Share Buyback Ratio

For the Internet Content & Information subindustry, Snap'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.

Snap's 3-Month Share Buyback Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Snap's 3-Month Share Buyback Ratio distribution charts can be found below:

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

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Snap 3-Month Share Buyback Ratio Calculation

Snap'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 )
	=	(1672.212	-	1690.646)	/	1672.212
	=	-1.10%

* 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.

Snap (BUE:SNAP) 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.

Snap 3-Month Share Buyback Ratio Related Terms

Snap Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Snap Inc (BUE:SNAP) » Definitions » 3-Month Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

SNAP:USA SNAP:Mexico 1SNAP:Italy 1SId:UK 0RNH:UK 1SI:Germany 1SI:Germany 1SI:Germany 1SI:Germany SNAP:Austria

Address

3000 31st Street, Santa Monica, CA, USA, 90405

Website

https://www.snap.com

Snap is a technology company best known for its marquis social media application Snapchat, a visual messaging application that has amassed hundreds of millions of users. The app was initially only used to communicate with family and friends through photographs and short videos (known as "Snaps"). Users can now enjoy augmented reality, or AR, lenses, content from famous creators and celebrities, updates about local events, and more. Although the app offers a paid subscription option with premium features, advertising sales produce most of the app's revenue. The firm also sells wearable devices called AR Spectacles, which can capture photos and videos overlayed with AR lenses, but these make up a small portion of Snap's overall sales.