SOCAM Development (HKSE:00983) 3-Year Share Buyback Ratio : 0.10% (As of Jun. 2024)

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What is SOCAM Development 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. SOCAM Development's current 3-Year Share Buyback Ratio was 0.10%.

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

HKSE:00983' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -21.1 Med: 0.1 Max: 8.2
Current: 0.1

During the past 13 years, SOCAM Development's highest 3-Year Share Buyback Ratio was 8.20%. The lowest was -21.10%. And the median was 0.10%.

HKSE:00983's 3-Year Share Buyback Ratio is ranked better than
74.32% of 845 companies
in the Real Estate industry
Industry Median: -1.4 vs HKSE:00983: 0.10

Competitive Comparison of SOCAM Development's 3-Year Share Buyback Ratio

For the Real Estate - Development subindustry, SOCAM Development'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.

SOCAM Development's 3-Year Share Buyback Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, SOCAM Development's 3-Year Share Buyback Ratio distribution charts can be found below:

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

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SOCAM Development 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.

SOCAM Development (HKSE:00983) 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.

SOCAM Development 3-Year Share Buyback Ratio Related Terms

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

SOCAM Development Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » SOCAM Development Ltd (HKSE:00983) » Definitions » 3-Year Share Buyback Ratio

Traded in Other Exchanges

N/A

Address

6-8 Harbour Road, 34th Floor, Shui On Centre, Hong Kong, HKG

Website

https://www.socam.com

SOCAM Development Ltd is an investment holding company. The company along with its subsidiaries is principally engaged in the property segment which includes Property development for sale and property investment, the Construction and maintenance segment includes construction, interior fit-out, and renovation and the Other businesses segment includes venture capital investment and others. The group's majority of the revenue comes from the Construction and maintenance segment in which Hongkong contributes maximum revenue for the company.

Executives

Lo Adrian Jonathan Chun Sing
Lo Hong Sui	2307 Founder of a discretionary trust who can infl
Lo Bo Yue, Stephanie	2501 Other
Bosrich Holdings (ptc) Inc.	2301 Trustee
Hsbc International Trustee Limited	2301 Trustee
Shui On Company Limited	2101 Beneficial owner
Chu Loletta	2202 Interest of your spouse
Right Ying Holdings Limited	2201 Interest of corporation controlled by you
Tmf (cayman) Ltd.	2301 Trustee
Sun Yinhuan	2307 Founder of a discretionary trust who can infl

SOCAM Development Headlines

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