Microchip Technology (MEX:MCHP) 3-Year Share Buyback Ratio : 0.60% (As of Dec. 2024)

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What is Microchip 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. Microchip Technology's current 3-Year Share Buyback Ratio was 0.60%.

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

MEX:MCHP' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -7.3 Med: -1.9 Max: 5.3
Current: 0.6

During the past 13 years, Microchip Technology's highest 3-Year Share Buyback Ratio was 5.30%. The lowest was -7.30%. And the median was -1.90%.

MEX:MCHP's 3-Year Share Buyback Ratio is ranked better than
89.14% of 755 companies
in the Semiconductors industry
Industry Median: -2.6 vs MEX:MCHP: 0.60

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

For the Semiconductors subindustry, Microchip 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.

Microchip Technology's 3-Year Share Buyback Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Microchip Technology's 3-Year Share Buyback Ratio distribution charts can be found below:

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

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Microchip 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.

Microchip Technology (MEX:MCHP) 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.

Microchip Technology 3-Year Share Buyback Ratio Related Terms

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

Microchip Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Microchip Technology Inc (MEX:MCHP) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

MCHP:USA 1MCHP:Italy 0K19:UK MCP:Germany MCP:Germany MCP:Germany M1CH34:Brazil MCHP:Austria

Address

2355 West Chandler Boulevard, Chandler, AZ, USA, 85224-6199

Website

https://www.microchip.com

Microchip Technology became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.