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PPT (Putnam Premierome Trust) 3-Year Share Buyback Ratio : 2.20% (As of Jan. 2025)


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What is Putnam Premierome Trust 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. Putnam Premierome Trust's current 3-Year Share Buyback Ratio was 2.20%.

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

PPT' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: 1.3   Med: 1.5   Max: 2.2
Current: 2.2

During the past 8 years, Putnam Premierome Trust's highest 3-Year Share Buyback Ratio was 2.20%. The lowest was 1.30%. And the median was 1.50%.

PPT's 3-Year Share Buyback Ratio is ranked better than
82.99% of 1152 companies
in the Asset Management industry
Industry Median: -0.9 vs PPT: 2.20

Competitive Comparison of Putnam Premierome Trust's 3-Year Share Buyback Ratio

For the Asset Management subindustry, Putnam Premierome Trust'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.

Putnam Premierome Trust's 3-Year Share Buyback Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Putnam Premierome Trust's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Putnam Premierome Trust's 3-Year Share Buyback Ratio falls into.


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Putnam Premierome Trust 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.

Putnam Premierome Trust (NYSE:PPT) 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.

Putnam Premierome Trust 3-Year Share Buyback Ratio Related Terms

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

Putnam Premierome Trust Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Putnam Premier Income Trust (NYSE:PPT) » Definitions » 3-Year Share Buyback Ratio
Comparable Companies
SOR FINS NAN JRI FOF BGR ARDC EFT BFZ BRW BLK BX KKR OSTO:INVE A TSX:BAM APO TSX:BN LSE:III AMP XSWX:PGHN
Traded in Other Exchanges
N/A
Address
100 Federal Street, Boston, MA, USA, 02110
Website
https://www.putnam.com
Putnam Premier Income Trust is a Massachusetts business trust operating as a non-diversified closed-end management investment company. The fund is currently operating as a diversified fund. Its investment objective is to seek high current income consistent with the preservation of capital by allocating its investments to the U.S. government sector.
Executives
Stephen R Denny officer: Head HR- Diversity & Inclusion, other: Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Manoj P Singh director PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Michael V Salm officer: Portfolio Manager/Putnam.Inv. PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Carlo Forcione officer: Head of Product and Strategy, other: Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Catherine Saunders officer: Head,Corporate Sustainability, other: and Public Policy - Putnam Inv PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Mona Sutphen director 777 HIDDEN RIDGE, IRVING TX 75038
Jennifer Murphy director LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Marie Pillai director C/O PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Jacquelyn S Vanderbrug officer: Headof Sustainability Strategy, other: Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Brendan T Murray officer: Head of Global Inv. Strategies, other: Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Alan Mccormack officer: Vice President and, other: Derivatives Risk Manager PUTNAM INVESTMENTS, 16 ST. JAMES'S STREET, LONDON X0 SW1A 1ER
Martin Lemaire officer: Vice President and, other: Derivatives Risk Manager PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Steven P Mckay officer: Head of Global DCIO, other: Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Kaitlin May officer: Head of Global Institutional, other: Management /Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Stephen J Tate officer: General Counsel, other: Chief Legal Officer/Putnam Inv PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110