Raisecom Technology Co (SHSE:603803) 3-Year Share Buyback Ratio : -1.10% (As of Sep. 2024)

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What is Raisecom Technology Co 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. Raisecom Technology Co's current 3-Year Share Buyback Ratio was -1.10%.

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

SHSE:603803' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -25.3 Med: -4.9 Max: -1
Current: -1.1

During the past 12 years, Raisecom Technology Co's highest 3-Year Share Buyback Ratio was -1.00%. The lowest was -25.30%. And the median was -4.90%.

SHSE:603803's 3-Year Share Buyback Ratio is ranked better than
56.81% of 1644 companies
in the Hardware industry
Industry Median: -2 vs SHSE:603803: -1.10

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

For the Communication Equipment subindustry, Raisecom Technology Co'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.

Raisecom Technology Co's 3-Year Share Buyback Ratio Distribution in the Hardware Industry

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

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

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Raisecom Technology Co 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.

Raisecom Technology Co (SHSE:603803) 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.

Raisecom Technology Co 3-Year Share Buyback Ratio Related Terms

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

Raisecom Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Raisecom Technology Co Ltd (SHSE:603803) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 10, West Wangdong Road, 1st to 5th floor, Building 11, East Building, Haidian District, Beijing, CHN, 100094

Website

http://www.raisecom.com

Raisecom Technology Co Ltd is a Chinese provider of access solutions and network devices. Its product lines consist carrier ethernet, IP MPLS, optical transport network, packet transport network, xPON, SME routers, industrial switch, PCM for SCADA, ethernet over everything, multi-service last mile access and network management system. In addition, the company also offers tailored solutions for access scenarios focusing on service providers, mobile backhaul and front haul, broadband access, mission critical networks, enterprise and government communications services.

Executives

Wang Jian Ming	Director
Zheng Xiang	Director

Raisecom Technology Co Headlines

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