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Spotify Technology (LTS:0SPT) 3-Year Share Buyback Ratio : -2.00% (As of Dec. 2024)


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What is Spotify Technology 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. Spotify Technology's current 3-Year Share Buyback Ratio was -2.00%.

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

LTS:0SPT' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -3.2   Med: -2   Max: -1.2
Current: -2

During the past 10 years, Spotify Technology's highest 3-Year Share Buyback Ratio was -1.20%. The lowest was -3.20%. And the median was -2.00%.

LTS:0SPT's 3-Year Share Buyback Ratio is ranked worse than
55.81% of 439 companies
in the Interactive Media industry
Industry Median: -1.2 vs LTS:0SPT: -2.00

Competitive Comparison of Spotify Technology's 3-Year Share Buyback Ratio

For the Internet Content & Information subindustry, Spotify Technology'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.

Spotify Technology's 3-Year Share Buyback Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Spotify Technology's 3-Year Share Buyback Ratio distribution charts can be found below:

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


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Spotify Technology 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.

Spotify Technology (LTS:0SPT) 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.

Spotify Technology 3-Year Share Buyback Ratio Related Terms

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

Spotify Technology Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Spotify Technology SA (LTS:0SPT) » Definitions » 3-Year Share Buyback Ratio
Comparable Companies
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Traded in Other Exchanges
SPOT:USA SPOT N:Mexico 1SPOT:Italy 639:Germany S1PO34:Brazil SPOT:Austria
Address
Regeringsgatan 19, Stockholm, SWE, 111 53
Website
https://www.spotify.com
Spotify is the leading global music streaming service provider, with nearly 700 million monthly active users and over 250 million paying subscribers, with the latter comprising the firm's premium segment. most of the firm's revenue and nearly all its gross profit come from the subscribers, who pay a monthly fee to access a very comprehensive music library that consists of most of the most popular songs ever recorded, including all from the major record labels. The firm also sells separate audiobook subscriptions and integrates podcasts within its standard music app. Podcast content is not exclusive and is typically free to access on other platforms. Ad-supported users can access a similar music catalog but cannot customize a similar on-demand experience.

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