Air Canada (LTS:0SE9) 3-Year Share Buyback Ratio : 1.70% (As of Dec. 2024)

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What is Air Canada 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. Air Canada's current 3-Year Share Buyback Ratio was 1.70%.

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

LTS:0SE9' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -40.8 Med: -0.7 Max: 6
Current: 1.7

During the past 13 years, Air Canada's highest 3-Year Share Buyback Ratio was 6.00%. The lowest was -40.80%. And the median was -0.70%.

LTS:0SE9's 3-Year Share Buyback Ratio is ranked better than
89.68% of 533 companies
in the Transportation industry
Industry Median: -0.7 vs LTS:0SE9: 1.70

Competitive Comparison of Air Canada's 3-Year Share Buyback Ratio

For the Airlines subindustry, Air Canada'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.

Air Canada's 3-Year Share Buyback Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Air Canada's 3-Year Share Buyback Ratio distribution charts can be found below:

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

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Air Canada 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.

Air Canada (LTS:0SE9) 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.

Air Canada 3-Year Share Buyback Ratio Related Terms

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Air Canada Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air Canada (LTS:0SE9) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

ACDVF:USA ADH2:Germany AC:Canada ADH2:Bulgaria

Address

7373 Cote Vertu Boulevard West, Air Canada Centre, Saint-Laurent, QC, CAN, H4S 1Z3

Website

https://www.aircanada.com

Air Canada is Canada's largest airline, serving nearly 50 million passengers each year together with its low-cost subbrand, Rouge, and contracts for regional connection flights to its network. Air Canada is a sixth-freedom airline, which flies many US-based passengers on long-haul trips with a layover in Canada.

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