Valero Energy (BSP:VLOE34) 3-Year Share Buyback Ratio : 8.40% (As of Dec. 2024)

Competitive Comparison of Valero Energy's 3-Year Share Buyback Ratio

For the Oil & Gas Refining & Marketing subindustry, Valero Energy's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year 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.

Valero Energy's 3-Year Share Buyback Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Valero Energy's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Valero Energy's 3-Year Share Buyback Ratio falls into.

Valero Energy 3-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four year annual data of Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Valero Energy  (BSP:VLOE34) 3-Year Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

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.

Valero Energy 3-Year Share Buyback Ratio Related Terms

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Valero Energy Business Description