GLPEF (Galp Energia SGPS) 3-Year Share Buyback Ratio : 2.30% (As of Dec. 2024)

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What is Galp Energia SGPS 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. Galp Energia SGPS's current 3-Year Share Buyback Ratio was 2.30%.

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

GLPEF' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -71.1 Med: 0.1 Max: 2.3
Current: 2.3

During the past 13 years, Galp Energia SGPS's highest 3-Year Share Buyback Ratio was 2.30%. The lowest was -71.10%. And the median was 0.10%.

GLPEF's 3-Year Share Buyback Ratio is ranked better than
91.03% of 691 companies
in the Oil & Gas industry
Industry Median: -3.8 vs GLPEF: 2.30

Competitive Comparison of Galp Energia SGPS's 3-Year Share Buyback Ratio

For the Oil & Gas Integrated subindustry, Galp Energia SGPS'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.

Galp Energia SGPS's 3-Year Share Buyback Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Galp Energia SGPS's 3-Year Share Buyback Ratio falls into.

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Galp Energia SGPS 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.

Galp Energia SGPS (OTCPK:GLPEF) 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.

Galp Energia SGPS 3-Year Share Buyback Ratio Related Terms

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

Galp Energia SGPS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Galp Energia SGPS SA (OTCPK:GLPEF) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

GLPEY:USA GALP:Portugal GALP N:Mexico GALPu:UK 0B67:UK GZ5:Germany

Address

Avenida da India, Lisboa, PRT, 1349-065

Website

https://www.galp.com

Galp Energia SGPS SA is an integrated operator with business lines spanning from exploration and production to refining and marketing of oil products. Its operating segments include Upstream, Industrial and Midstream, Commercial and Renewables, and New Businesses. The Upstream segment involves, management of all activities relating to the exploration, development, and production of hydrocarbons. The Industrial & Midstream segment operates the Sines industrial site in Portugal, which includes all current refining activities, The Commercial segment encompasses the area of retail to final B2B and B2C customers of oil, gas, electricity, and convenience. The Renewables & New Businesses segment represents Galp's presence in the renewable and new energies space.