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MIRAIT One (TSE:1417) 3-Month Share Buyback Ratio : 0.63% (As of Sep. 2024 )


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What is MIRAIT One 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. MIRAIT One's current 3-Month Share Buyback Ratio was 0.63%.

Competitive Comparison of MIRAIT One's 3-Month Share Buyback Ratio

For the Engineering & Construction subindustry, MIRAIT One'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.

MIRAIT One's 3-Month Share Buyback Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, MIRAIT One's 3-Month Share Buyback Ratio distribution charts can be found below:

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


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MIRAIT One 3-Month Share Buyback Ratio Calculation

MIRAIT One'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 )
=(91.186 - 90.609) / 91.186
=0.63%

* 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.

MIRAIT One  (TSE:1417) 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.

MIRAIT One 3-Month Share Buyback Ratio Related Terms

MIRAIT One Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » MIRAIT One Corp (TSE:1417) » Definitions » 3-Month Share Buyback Ratio
Comparable Companies
TSE:1893 TSE:1820 TSE:1719 TSE:1961 TSE:1941 TSE:1861 TSE:1949 TSE:1833 TSE:1414 TSE:1860 XPAR:DG NSE:LT PWR SHSE:601668 TSX:WSP SHSE:601390 HKSE:01800 EME XPAR:EN J
Traded in Other Exchanges
N/A
Address
5-6-36 Toyosu, Koto-ku, Tokyo, JPN, 135-8111
Website
https://www.mirait-one.com
MIRAIT One Corp is engaged in building and maintaining various social infrastructures including communication infrastructures. It is also involved in projects that contribute to local town and community development, as well as corporate DX and GX. It also engages in the construction and sales of solar power generation facilities; provides high-quality software and DX through virtualization; construction of broadband networks and ICT systems among others.

MIRAIT One Headlines

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