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CICHF (China Construction Bank) 3-Year Share Buyback Ratio : 0.00% (As of Dec. 2024)


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What is China Construction Bank 3-Year Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. China Construction Bank's current 3-Year Share Buyback Ratio was 0.00%.

The historical rank and industry rank for China Construction Bank's 3-Year Share Buyback Ratio or its related term are showing as below:

During the past 13 years, China Construction Bank's highest 3-Year Share Buyback Ratio was -1.30%. The lowest was -7.40%. And the median was -1.30%.

CICHF's 3-Year Share Buyback Ratio is not ranked *
in the Banks industry.
Industry Median: -0.3
* Ranked among companies with meaningful 3-Year Share Buyback Ratio only.

Competitive Comparison of China Construction Bank's 3-Year Share Buyback Ratio

For the Banks - Diversified subindustry, China Construction Bank'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.


China Construction Bank's 3-Year Share Buyback Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, China Construction Bank's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where China Construction Bank's 3-Year Share Buyback Ratio falls into.


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China Construction Bank 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 years of annual data on 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.


China Construction Bank (OTCPK:CICHF) 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.


China Construction Bank 3-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of China Construction Bank's 3-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


China Construction Bank Business Description

Address
No. 25, Finance Street, Xicheng District, Beijing, CHN, 100033
China Construction Bank is the second-largest bank in China, with headquarters in Beijing. The bank went public on the Hong Kong Stock Exchange in 2005 and listed shares in mainland China in 2007. Central Huijin Investment, China's sovereign wealth fund manager, is the largest shareholder with a 57% share. Fullerton Financial Holdings (a subsidiary of Temasek) is the second-largest shareholder with a 4.99% stake. CCB strives to provide customers with comprehensive financial services. The corporate banking, retail banking, and wholesale banking business segments accounted for 36%, 57%, and 7% of profit before tax, respectively, in 2022.