Elkem ASA (LTS:0SFN) 3-Year Share Buyback Ratio : -0.10% (As of Dec. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Elkem ASA 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. Elkem ASA's current 3-Year Share Buyback Ratio was -0.10%.

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

LTS:0SFN' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -3 Med: -2.9 Max: -0.1
Current: -0.1

During the past 11 years, Elkem ASA's highest 3-Year Share Buyback Ratio was -0.10%. The lowest was -3.00%. And the median was -2.90%.

LTS:0SFN's 3-Year Share Buyback Ratio is ranked better than
72.42% of 863 companies
in the Chemicals industry
Industry Median: -1.6 vs LTS:0SFN: -0.10

Competitive Comparison of Elkem ASA's 3-Year Share Buyback Ratio

For the Specialty Chemicals subindustry, Elkem ASA'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.

Elkem ASA's 3-Year Share Buyback Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Elkem ASA's 3-Year Share Buyback Ratio distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Elkem ASA 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.

Elkem ASA (LTS:0SFN) 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.

Elkem ASA 3-Year Share Buyback Ratio Related Terms

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

Elkem ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Elkem ASA (LTS:0SFN) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

ELKEF:USA ELKo:Sweden ELK:Norway 1DP:Germany

Address

Drammensveien 169, Oslo, NOR, 0277

Website

https://www.elkem.com

Elkem ASA offers material solutions shaping and more sustainable future. The company develops silicones, silicon products, and carbon solutions by combining natural raw materials, renewable energy, and human ingenuity. The group helps its customers create and improve essential innovations like electric mobility, digital communications, health, and personal care, as well as smarter and more sustainable cities. It has three reportable segments, namely Silicones, Silicon Products, and Carbon Solutions. It generates the majority of the revenue from the Silicones segment.

Elkem ASA Headlines

No Headlines