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NEWUF (Newtopia) 3-Month Share Buyback Ratio : 0.00% (As of Sep. 2024 )


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


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

For the Health Information Services subindustry, Newtopia'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.


Newtopia's 3-Month Share Buyback Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Newtopia's 3-Month Share Buyback Ratio distribution charts can be found below:

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


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Newtopia 3-Month Share Buyback Ratio Calculation

Newtopia'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 )
=(173.265 - 173.265) / 173.265
=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.


Newtopia  (OTCPK:NEWUF) 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.


Newtopia 3-Month Share Buyback Ratio Related Terms


Newtopia Business Description

Traded in Other Exchanges
Address
33 Bloor Street East, 5th Floor, Toronto, ON, CAN, M4W 3H1
Newtopia Inc is a technology-enabled habit change company that delivers disease prevention solutions by leveraging genetic testing, and social and behavioral science to help individuals prevent chronic disease and reduce costs for health insurers.