Micropro Software Solutions (NSE:MICROPRO) 3-Year Share Buyback Ratio : 0.20% (As of Sep. 2024)

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What is Micropro Software Solutions 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. Micropro Software Solutions's current 3-Year Share Buyback Ratio was 0.20%.

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

NSE:MICROPRO' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: 0.2 Med: 0.2 Max: 0.2
Current: 0.2

During the past 4 years, Micropro Software Solutions's highest 3-Year Share Buyback Ratio was 0.20%. The lowest was 0.20%. And the median was 0.20%.

NSE:MICROPRO's 3-Year Share Buyback Ratio is ranked better than
81.35% of 2091 companies
in the Software industry
Industry Median: -2.4 vs NSE:MICROPRO: 0.20

Competitive Comparison of Micropro Software Solutions's 3-Year Share Buyback Ratio

For the Information Technology Services subindustry, Micropro Software Solutions'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.

Micropro Software Solutions's 3-Year Share Buyback Ratio Distribution in the Software Industry

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

* The bar in red indicates where Micropro Software Solutions's 3-Year Share Buyback Ratio falls into.

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Micropro Software Solutions 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.

Micropro Software Solutions (NSE:MICROPRO) 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.

Micropro Software Solutions 3-Year Share Buyback Ratio Related Terms

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

Micropro Software Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Micropro Software Solutions Ltd (NSE:MICROPRO) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gayatri Nagar Road, Plot No. 28, 702, Wing A, 7th Floor, IT Park, Nagpur, MH, IND, 440022

Website

https://www.microproindia.com

Micropro Software Solutions Ltd is engaged in the business of providing software development, and maintenance services as well as trading of hardware and software products. The company provides consulting along with technical services and IT solutions to its clients across different industries. The services offered by the company include IT Infrastructure Management, Manpower Services, Network and Security Services among others. It also offers software products such as HospyCare, OpenSys-Logix, OpenSys MicroBooks, and others. The company has two reportable business segments: IT related services & Trading of IT hardware and software.

Micropro Software Solutions Headlines

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