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Shopify (XBUL:307) 3-Month Share Buyback Ratio : -0.22% (As of Dec. 2024 )


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What is Shopify 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. Shopify's current 3-Month Share Buyback Ratio was -0.22%.

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

For the Software - Application subindustry, Shopify'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.

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

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

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


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Shopify 3-Month Share Buyback Ratio Calculation

Shopify'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 )
=(1291.732 - 1294.580) / 1291.732
=-0.22%

* 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.

Shopify  (XBUL:307) 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.

Shopify 3-Month Share Buyback Ratio Related Terms

Shopify Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Shopify Inc (XBUL:307) » Definitions » 3-Month Share Buyback Ratio
Comparable Companies
TSX:CSU TSX:DSG TSXV:LMN TSX:OTEX TSX:KXS TSX:LSPD TSX:ENGH TSX:DCBO TSX:DTOL TSX:DND XTER:SAP CRM INTU NOW ADBE UBER ADP APP MSTR CDNS
Traded in Other Exchanges
SHOP:USA SHOP N:Mexico 0VHA:UK 307:Germany 307:Germany 307:Germany SHOP:Canada S2HO34:Brazil
Address
151 O'Connor Street, Ground Floor, Ottawa, ON, CAN, K2P 2L8
Website
https://www.shopify.com
Shopify offers an e-commerce platform primarily to small and medium-size businesses. The firm has two segments. The subscription solutions segment allows Shopify merchants to conduct e-commerce on a variety of platforms, including the company's website, physical stores, pop-up stores, kiosks, social networks (Facebook), and Amazon. The merchant solutions segment offers add-on products for the platform that facilitate e-commerce and include Shopify Payments, Shopify Shipping, and Shopify Capital.

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