Tan Delta Systems (LSE:TAND) 3-Year Share Buyback Ratio : 0.00% (As of Jun. 2024)

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What is Tan Delta Systems 3-Year Share Buyback Ratio?

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. Tan Delta Systems's current 3-Year Share Buyback Ratio was 0.00%.

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

During the past 4 years, Tan Delta Systems's highest 3-Year Share Buyback Ratio was 0.00. The lowest was 0.00. And the median was 0.00.

LSE:TAND's 3-Year Share Buyback Ratio is not ranked ^*
in the Oil & Gas industry.
Industry Median: -3.9
* Ranked among companies with meaningful 3-Year Share Buyback Ratio only.

Competitive Comparison of Tan Delta Systems's 3-Year Share Buyback Ratio

For the Oil & Gas Equipment & Services subindustry, Tan Delta Systems'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.

Tan Delta Systems's 3-Year Share Buyback Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Tan Delta Systems's 3-Year Share Buyback Ratio falls into.

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Tan Delta Systems 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 year annual data of 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.

Tan Delta Systems (LSE:TAND) 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.

Tan Delta Systems 3-Year Share Buyback Ratio Related Terms

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

Tan Delta Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tan Delta Systems PLC (LSE:TAND) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Church Lane, 1 Carrera Court, Dinnington, Sheffield, GBR, S25 2RG

Website

https://www.tandeltasystems.com

Tan Delta Systems PLC develops real-time oil analysis and analytic technologies and products with capabilities that enable equipment operators to significantly reduce operating costs, improve efficiency, and reduce carbon footprint. It develops all its core technologies and products in-house, with manufacturing undertaken by its carefully selected manufacturing partners with whom its dedicated production QA department works. The company generates a majority of its revenue from the United Kingdom followed by Europe and the rest of the world. Its products include Sensors, Kits, Display solutions, Gateways & modems, and Accessories & services.

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