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TGSI (TGS International) 3-Month Share Buyback Ratio : 0.00% (As of Sep. 2021 )


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

Competitive Comparison of TGS International's 3-Month Share Buyback Ratio

For the Other Industrial Metals & Mining subindustry, TGS International'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.

TGS International's 3-Month Share Buyback Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, TGS International's 3-Month Share Buyback Ratio distribution charts can be found below:

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


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TGS International 3-Month Share Buyback Ratio Calculation

TGS International's 3-Month Share Buyback Ratio for the quarter that ended in Sep. 2021 is calculated as

3-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Jun. 2021 ) - Shares Outstanding (EOP) (Sep. 2021 )) / Shares Outstanding (EOP) (Jun. 2021 )
=(14.962 - 14.962) / 14.962
=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.

TGS International  (OTCPK:TGSI) 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.

TGS International 3-Month Share Buyback Ratio Related Terms

TGS International Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » TGS International Ltd (OTCPK:TGSI) » Definitions » 3-Month Share Buyback Ratio
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Traded in Other Exchanges
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Address
7-9 Austin Ave, Room 20, 8th Floor, Woon Lee Commercial Building, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Website
TGS International Ltd, along with its subsidiaries, is engaged in the exploration, mining, processing, and sale of fluorite in Mongolia. The company has three mining projects, namely Altan Ovoo, Oosmonskogo 1, and Oosmonskogo 2. Geographically, it operates in the People's Republic of China (including Hong Kong) and Mongolia. It generates revenue from the sales of minerals.

TGS International Headlines

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