GURUFOCUS.COM » STOCK LIST » Technology » Software » Cerence Inc (STU:0S6) » Definitions » 3-Month Share Buyback Ratio

Cerence (STU:0S6) 3-Month Share Buyback Ratio : -2.54% (As of Dec. 2024 )


View and export this data going back to 2019. Start your Free Trial

What is Cerence 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. Cerence's current 3-Month Share Buyback Ratio was -2.54%.


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

For the Software - Application subindustry, Cerence'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.


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

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

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


;
;

Cerence 3-Month Share Buyback Ratio Calculation

Cerence'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 )
=(41.924 - 42.988) / 41.924
=-2.54%

* 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.


Cerence  (STU:0S6) 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.


Cerence 3-Month Share Buyback Ratio Related Terms


Cerence Business Description

Industry
Traded in Other Exchanges
Address
25 Mall Road, Suite 416, Burlington, MA, USA, 01803
Cerence Inc is a United States-based software company. It is involved in developing mobility-based solutions for drivers and their cars. The customers include all automobile original equipment manufacturers, or OEMs, or their tier 1 suppliers. The company's revenue is generated by selling software licenses and cloud-connected services. Geographically, it derives a majority of its revenue from the United States and also has a presence in Other Americas; Germany; Other Europe, the Middle East, Africa; Japan, and Other Asia-Pacific.

Cerence Headlines

No Headlines