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Lucara Diamond (OSTO:LUC) 3-Year Share Buyback Ratio : 0.10% (As of Dec. 2024)


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What is Lucara Diamond 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. Lucara Diamond's current 3-Year Share Buyback Ratio was 0.10%.

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

OSTO:LUC' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -203.1   Med: -1.4   Max: 0.1
Current: 0.1

During the past 13 years, Lucara Diamond's highest 3-Year Share Buyback Ratio was 0.10%. The lowest was -203.10%. And the median was -1.40%.

OSTO:LUC's 3-Year Share Buyback Ratio is ranked better than
96.55% of 2029 companies
in the Metals & Mining industry
Industry Median: -14.8 vs OSTO:LUC: 0.10

Competitive Comparison of Lucara Diamond's 3-Year Share Buyback Ratio

For the Other Precious Metals & Mining subindustry, Lucara Diamond'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.


Lucara Diamond's 3-Year Share Buyback Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lucara Diamond's 3-Year Share Buyback Ratio distribution charts can be found below:

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


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Lucara Diamond 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.


Lucara Diamond (OSTO:LUC) 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.


Lucara Diamond 3-Year Share Buyback Ratio Related Terms

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


Lucara Diamond Business Description

Address
1055 Dunsmuir Street, P.O Box 49225, 2800, Four Bentall Centre, Vancouver, BC, CAN, V7X 1L2
Lucara Diamond Corp is a diamond mining company engaged in the development and operations of diamond properties in Africa. Its business segment includes Karowe Mine, Corporate and other. The company earns the majority of its revenue from the Karowe Mine segment.

Lucara Diamond Headlines

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