Westbridge Renewable Energy (TSXV:WEB) 3-Month Share Buyback Ratio : 0.27% (As of Nov. 2024 )

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What is Westbridge Renewable Energy 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. Westbridge Renewable Energy's current 3-Month Share Buyback Ratio was 0.27%.

Competitive Comparison of Westbridge Renewable Energy's 3-Month Share Buyback Ratio

For the Utilities - Renewable subindustry, Westbridge Renewable Energy'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.

Westbridge Renewable Energy's 3-Month Share Buyback Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Westbridge Renewable Energy's 3-Month Share Buyback Ratio distribution charts can be found below:

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

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Westbridge Renewable Energy 3-Month Share Buyback Ratio Calculation

Westbridge Renewable Energy's 3-Month Share Buyback Ratio for the quarter that ended in Nov. 2024 is calculated as

3-Month Share Buyback Ratio	=	(Shares Outstanding (EOP) (Aug. 2024 )	-	Shares Outstanding (EOP) (Nov. 2024 ))	/	Shares Outstanding (EOP) (Aug. 2024 )
	=	(101.494	-	101.215)	/	101.494
	=	0.27%

* 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.

Westbridge Renewable Energy (TSXV:WEB) 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.

Westbridge Renewable Energy 3-Month Share Buyback Ratio Related Terms

Westbridge Renewable Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Westbridge Renewable Energy Corp (TSXV:WEB) » Definitions » 3-Month Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

WEGYF:USA

Address

800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6

Website

https://www.westbridge.energy

Westbridge Renewable Energy Corp is focused on the acquisition and development of solar photovoltaic projects. It is turning green fields and the power of the sun into a reliable, sustainable flow of energy. Its projects include Accalia Point Solar PV, Dolcy Project, Corry Solar and BESS Project, Eastervale Project, The Red Willow Project, and others. The company has a portfolio of projects in three key jurisdictions, Canada, the U.S., and the UK.

Executives

Marcus Yang	Director
Scott Kelly	Director, Senior Officer
Pandelis Vassilakakis	Senior Officer
Marianna Alifuoco	10% Security Holder
Stefano Romanin	10% Security Holder, Director, Senior Officer