Ascent Industries Co (FRA:SY4) 3-Month Share Buyback Ratio : 0.20% (As of Dec. 2024 )

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What is Ascent Industries Co 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. Ascent Industries Co's current 3-Month Share Buyback Ratio was 0.20%.

Competitive Comparison of Ascent Industries Co's 3-Month Share Buyback Ratio

For the Steel subindustry, Ascent Industries Co'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.

Ascent Industries Co's 3-Month Share Buyback Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ascent Industries Co's 3-Month Share Buyback Ratio distribution charts can be found below:

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

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Ascent Industries Co 3-Month Share Buyback Ratio Calculation

Ascent Industries Co'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 )
	=	(10.093	-	10.073)	/	10.093
	=	0.20%

* 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.

Ascent Industries Co (FRA:SY4) 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.

Ascent Industries Co 3-Month Share Buyback Ratio Related Terms

Ascent Industries Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ascent Industries Co (FRA:SY4) » Definitions » 3-Month Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

ACNT:USA

Address

20 N. Martingale Road, Suite 430, Schaumburg, IL, USA, 60523

Website

https://www.ascentco.com

Ascent Industries Co is engaged in the chemical and metal industry. The group operates into two reportable segments namely the Specialty Chemicals and Tubular Products. The Tubular Products segment serves markets through pipe and tube and customers in the appliance, architectural, automotive, and commercial transportation, brewery, chemical, petrochemical, and other industries. The Specialty Chemicals segment produces specialty products for pulp and paper, coatings, adhesives, sealants, and elastomers (CASE), textile, automotive, household, and other industries. It manufactures welded pipe and tube, majorly from stainless steel, duplex, and nickel alloys. The company also produces specialty chemicals and dyes used in various end markets.

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