Litix SpA (MIL:LTX) 3-Year Share Buyback Ratio : 0.00% (As of Jun. 2024)

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What is Litix SpA 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. Litix SpA's current 3-Year Share Buyback Ratio was 0.00%.

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

During the past 3 years, Litix SpA's highest 3-Year Share Buyback Ratio was 0.00%. The lowest was 0.00%. And the median was 0.00%.

MIL:LTX's 3-Year Share Buyback Ratio is not ranked ^*
in the Industrial Products industry.
Industry Median: -2.5
* Ranked among companies with meaningful 3-Year Share Buyback Ratio only.

Competitive Comparison of Litix SpA's 3-Year Share Buyback Ratio

For the Specialty Industrial Machinery subindustry, Litix SpA'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.

Litix SpA's 3-Year Share Buyback Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Litix SpA's 3-Year Share Buyback Ratio distribution charts can be found below:

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

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Litix SpA 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.

Litix SpA (MIL:LTX) 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.

Litix SpA 3-Year Share Buyback Ratio Related Terms

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

Litix SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Litix SpA (MIL:LTX) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Fantiscritti snc, Carrara, ITA, 54033

Website

https://litix2.devworks.it

Litix SpA is a company active in the artistic marble processing sector. Its products and technologies are divided into the Robotor, Torart, and Aivox business units. The Robotor system is composed of (i) the software for CNC machining, (ii) the anthropomorphic robot, and (iii) accessories for greater control and optimization of the machining process. The Torart business unit uses the anthropomorphic robots of the Robotor business unit to create the works of the greatest architects, designers and artists in the world. Through the Aivox business unit the Group deals with both the development of products, processes and technologies, and 3D printing production.

Litix SpA Headlines

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