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Xtract Resources (LSE:XTR) 3-Year Share Buyback Ratio : -11.30% (As of Jun. 2024)


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What is Xtract Resources 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. Xtract Resources's current 3-Year Share Buyback Ratio was -11.30%.

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

LSE:XTR' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -163.5   Med: -39.9   Max: -6.7
Current: -11.3

During the past 13 years, Xtract Resources's highest 3-Year Share Buyback Ratio was -6.70%. The lowest was -163.50%. And the median was -39.90%.

LSE:XTR's 3-Year Share Buyback Ratio is ranked better than
59.14% of 2029 companies
in the Metals & Mining industry
Industry Median: -14.8 vs LSE:XTR: -11.30

Competitive Comparison of Xtract Resources's 3-Year Share Buyback Ratio

For the Gold subindustry, Xtract Resources'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.


Xtract Resources's 3-Year Share Buyback Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Xtract Resources's 3-Year Share Buyback Ratio distribution charts can be found below:

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


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Xtract Resources 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.


Xtract Resources (LSE:XTR) 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.


Xtract Resources 3-Year Share Buyback Ratio Related Terms

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


Xtract Resources Business Description

Traded in Other Exchanges
Address
7/8 Kendrick Mews, 1st Floor, South Kensington, London, GBR, SW7 3HG
Xtract Resources PLC is a resource, development, & mining company focused on acquiring brownfield resource projects with a view to releasing value for its shareholders. It is currently focused on the Manica Gold Project & Manica Alluvials Project in Mozambique, Eureka Copper Project, and Kalengwa Processing Copper Project in Zambia. The company generates revenues from the sales of gold bars. Its operating segment includes the Operating gold mining segment in Mozambique, Mine Development in Mozambique, Exploration, Investment & other, and Alluvial Gold Mining Production. The majority of revenue is from the Alluvial Gold Mining Production segment.

Xtract Resources Headlines

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