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Adani Total Gas (NSE:ATGL) 3-Month Share Buyback Ratio : 0.00% (As of Dec. 2024 )


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What is Adani Total Gas 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. Adani Total Gas's current 3-Month Share Buyback Ratio was 0.00%.

Competitive Comparison of Adani Total Gas's 3-Month Share Buyback Ratio

For the Utilities - Regulated Gas subindustry, Adani Total Gas'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.

Adani Total Gas's 3-Month Share Buyback Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Adani Total Gas's 3-Month Share Buyback Ratio distribution charts can be found below:

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


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Adani Total Gas 3-Month Share Buyback Ratio Calculation

Adani Total Gas'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 )
=(1099.810 - 1099.810) / 1099.810
=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.

Adani Total Gas  (NSE:ATGL) 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.

Adani Total Gas 3-Month Share Buyback Ratio Related Terms

Adani Total Gas Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Adani Total Gas Ltd (NSE:ATGL) » Definitions » 3-Month Share Buyback Ratio
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BOM:539336 BOM:532514 BOM:532702 NSE:MGL BOM:532155 BOM:544004 BOM:526873 BOM:539991 XMAD:NTGY ATO NI MIL:SRG HKSE:00003 TSE:9531 TSE:9532 HKSE:02688 SHSE:600803 HKSE:01193 UGI ASX:APA
Traded in Other Exchanges
542066:India
Address
S. G. Highway, Near Vaishno Devi Circle, Adani Corporate House, Shantigram, Khodiyar, Ahmedabad, GJ, IND, 382421
Website
https://www.adanigas.com
Adani Total Gas Ltd is developing City Gas Distribution (CGD) Networks to supply the Piped Natural Gas (PNG) to the Industrial, Commercial, Domestic (residential) and Compressed Natural Gas (CNG) to the transport sector. Geographically, the group has set up gas distribution networks in Ahmedabad and Vadodara in Gujarat, Faridabad in Haryana and Khurja in Uttar Pradesh.