Nedbank Group (FRA:NCO) 3-Year Share Buyback Ratio : 1.30% (As of Dec. 2024)

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What is Nedbank Group 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. Nedbank Group's current 3-Year Share Buyback Ratio was 1.30%.

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

FRA:NCO' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -20.2 Med: -0.8 Max: 2.6
Current: 1.3

During the past 13 years, Nedbank Group's highest 3-Year Share Buyback Ratio was 2.60%. The lowest was -20.20%. And the median was -0.80%.

FRA:NCO's 3-Year Share Buyback Ratio is ranked better than
82.33% of 1058 companies
in the Banks industry
Industry Median: -0.3 vs FRA:NCO: 1.30

Competitive Comparison of Nedbank Group's 3-Year Share Buyback Ratio

For the Banks - Regional subindustry, Nedbank Group'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.

Nedbank Group's 3-Year Share Buyback Ratio Distribution in the Banks Industry

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

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

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Nedbank Group 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.

Nedbank Group (FRA:NCO) 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.

Nedbank Group 3-Year Share Buyback Ratio Related Terms

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

Nedbank Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Nedbank Group Ltd (FRA:NCO) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

NED:South Africa NDBKY:USA NDBKF:USA NBK:Namibia NCO:Germany

Address

135 Rivonia Road, Nedbank 135 Rivonia Campus, Sandown, Sandton, Johannesburg, GT, ZAF, 2196

Website

https://www.nedbankgroup.co.za

Nedbank Group Ltd is a financial services provider that offers corporate, retail, and investment banking services; insurance; asset management; and wealth management. It operates predominantly in South Africa. Net interest income from lending activities accounts for roughly half of the company's total revenue. Its operating segments include Nedbank Corporate and Investment Banking, Nedbank Retail and Business Banking, Nedbank Wealth, Nedbank Africa Regions, and Centre.

Nedbank Group Headlines

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