FIT Hon Teng (HKSE:06088) 3-Year Share Buyback Ratio : -2.00% (As of Jun. 2024)

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What is FIT Hon Teng 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. FIT Hon Teng's current 3-Year Share Buyback Ratio was -2.00%.

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

HKSE:06088' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -2.9 Med: -2 Max: 0.3
Current: -2

During the past 9 years, FIT Hon Teng's highest 3-Year Share Buyback Ratio was 0.30%. The lowest was -2.90%. And the median was -2.00%.

HKSE:06088's 3-Year Share Buyback Ratio is ranked better than
50.49% of 1644 companies
in the Hardware industry
Industry Median: -2 vs HKSE:06088: -2.00

Competitive Comparison of FIT Hon Teng's 3-Year Share Buyback Ratio

For the Electronic Components subindustry, FIT Hon Teng'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.

FIT Hon Teng's 3-Year Share Buyback Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, FIT Hon Teng's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where FIT Hon Teng's 3-Year Share Buyback Ratio falls into.

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FIT Hon Teng 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.

FIT Hon Teng (HKSE:06088) 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.

FIT Hon Teng 3-Year Share Buyback Ratio Related Terms

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

FIT Hon Teng Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » FIT Hon Teng Ltd (HKSE:06088) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

FITGF:USA 0FJ:Germany

Address

66-1, Chungshan Road, Tucheng District, New Taipei Ciy, TWN, 23680

Website

https://www.fit-foxconn.com

FIT Hon Teng Ltd is a manufacturer of electronic components. It focuses on the development, manufacturing, and marketing of electronic and optoelectronic connectors, antennas, acoustic components, cables, and modules for applications in computers, communication equipment, consumer electronics, automobiles, and industrial and green energy field products. Geographically, the group has a business presence in the U.S., the PRC, Taiwan, Hong Kong, the United Kingdom, Singapore, Malaysia, and other countries, of which a majority of revenue is derived from the U.S. Its operating segments are Intermediate products and Consumer products.

Executives

Lu Sung-ching	2101 Beneficial owner
Hong Hai Jing Mi Gong Ye Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Foxconn (far East) Limited	2201 Interest of corporation controlled by you

FIT Hon Teng Headlines

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