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Tenable Holdings (LTS:0ZC0) 3-Month Share Buyback Ratio : 0.15% (As of Dec. 2024 )


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What is Tenable Holdings 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. Tenable Holdings's current 3-Month Share Buyback Ratio was 0.15%.

Competitive Comparison of Tenable Holdings's 3-Month Share Buyback Ratio

For the Software - Infrastructure subindustry, Tenable Holdings'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.

Tenable Holdings's 3-Month Share Buyback Ratio Distribution in the Software Industry

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

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


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Tenable Holdings 3-Month Share Buyback Ratio Calculation

Tenable Holdings'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 )
=(119.873 - 119.698) / 119.873
=0.15%

* 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.

Tenable Holdings  (LTS:0ZC0) 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.

Tenable Holdings 3-Month Share Buyback Ratio Related Terms

Tenable Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Tenable Holdings Inc (LTS:0ZC0) » Definitions » 3-Month Share Buyback Ratio
Comparable Companies
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Traded in Other Exchanges
TENB:USA TENB:Mexico TE7:Germany
Address
6100 Merriweather Drive, Columbia, MD, USA, 21044
Website
https://www.tenable.com
Founded in 2002, Tenable is a cybersecurity company that began providing vulnerability management solutions under its Nessus software. In recent years, Tenable has expanded its portfolio to provide a broader range of exposure management modules. Solutions include cloud security and compliance, active directory management, operational technology security and advanced vulnerability analytics. The Maryland-based company went public in 2018.

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