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Extendicare (LTS:0S9E) 3-Year Share Buyback Ratio : 2.30% (As of Dec. 2024)


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What is Extendicare 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. Extendicare's current 3-Year Share Buyback Ratio was 2.30%.

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

LTS:0S9E' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -5.6   Med: -0.4   Max: 2.4
Current: 2.3

During the past 13 years, Extendicare's highest 3-Year Share Buyback Ratio was 2.40%. The lowest was -5.60%. And the median was -0.40%.

LTS:0S9E's 3-Year Share Buyback Ratio is ranked better than
94.58% of 461 companies
in the Healthcare Providers & Services industry
Industry Median: -1.9 vs LTS:0S9E: 2.30

Competitive Comparison of Extendicare's 3-Year Share Buyback Ratio

For the Medical Care Facilities subindustry, Extendicare'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.


Extendicare's 3-Year Share Buyback Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Extendicare's 3-Year Share Buyback Ratio distribution charts can be found below:

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


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Extendicare 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.


Extendicare (LTS:0S9E) 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.


Extendicare 3-Year Share Buyback Ratio Related Terms

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


Extendicare Business Description

Traded in Other Exchanges
Address
3000 Steeles Avenue East, Suite 400, Markham, ON, CAN, L3R 4T9
Extendicare Inc is a senior care provider in Canada, focused on long-term care and home health care. The company has three main business segments namely Long-term Care (LTC), Home Health Care, and Managed Services. The Long-term Care segment, operating under the Extendicare brand, represents 53 owned homes in Ontario, Alberta and Manitoba. The Home Health Care segment, operating under the ParaMed brand, provides home health care services annually in Ontario, Alberta, Manitoba and Nova Scotia. The Managed Services segment, operating under the Extendicare Assist and SGP Purchasing Partner Network brands, provides management, consulting and group purchasing services to other care providers across Canada.

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