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New Cosmos Electric Co (TSE:6824) 3-Month Share Buyback Ratio : 0.00% (As of Sep. 2024 )


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What is New Cosmos Electric Co 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. New Cosmos Electric Co's current 3-Month Share Buyback Ratio was 0.00%.


Competitive Comparison of New Cosmos Electric Co's 3-Month Share Buyback Ratio

For the Scientific & Technical Instruments subindustry, New Cosmos Electric Co'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.


New Cosmos Electric Co's 3-Month Share Buyback Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, New Cosmos Electric Co's 3-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where New Cosmos Electric Co's 3-Month Share Buyback Ratio falls into.


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New Cosmos Electric Co 3-Month Share Buyback Ratio Calculation

New Cosmos Electric Co'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) (Mar. 2008 ) - Shares Outstanding (EOP) (Sep. 2024 )) / Shares Outstanding (EOP) (Mar. 2008 )
=(12.370 - 12.361) / 12.370
=0.07%

* 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.


New Cosmos Electric Co  (TSE:6824) 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.


New Cosmos Electric Co 3-Month Share Buyback Ratio Related Terms


New Cosmos Electric Co Business Description

Traded in Other Exchanges
N/A
Address
2-5-4 Mitsuyanaka, Yodogawa-ku, Osaka, JPN, 532-0036
New Cosmos Electric Co Ltd is engaged in research, development, manufacturing, and selling of gas detection systems. Its products include residential gas alarms, industrial gas detection systems, portable gas detectors, odor sensors and products applying odor sensors. Its products are used in household gas alarms utilizing original gas sensor technology, a stationary gas detection alarm device for industrial use, portable gas detector, as well as in odor sensor.

New Cosmos Electric Co Headlines

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