Hofseth BioCare ASA (STU:HBQ) 3-Year Share Buyback Ratio : -3.40% (As of Dec. 2024)

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What is Hofseth BioCare ASA 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. Hofseth BioCare ASA's current 3-Year Share Buyback Ratio was -3.40%.

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

STU:HBQ' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -44.4 Med: -17.45 Max: -3.4
Current: -3.4

During the past 13 years, Hofseth BioCare ASA's highest 3-Year Share Buyback Ratio was -3.40%. The lowest was -44.40%. And the median was -17.45%.

STU:HBQ's 3-Year Share Buyback Ratio is ranked better than
73.75% of 1284 companies
in the Biotechnology industry
Industry Median: -10.3 vs STU:HBQ: -3.40

Competitive Comparison of Hofseth BioCare ASA's 3-Year Share Buyback Ratio

For the Biotechnology subindustry, Hofseth BioCare ASA'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.

Hofseth BioCare ASA's 3-Year Share Buyback Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Hofseth BioCare ASA's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Hofseth BioCare ASA's 3-Year Share Buyback Ratio falls into.

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Hofseth BioCare ASA 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.

Hofseth BioCare ASA (STU:HBQ) 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.

Hofseth BioCare ASA 3-Year Share Buyback Ratio Related Terms

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

Hofseth BioCare ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Hofseth BioCare ASA (STU:HBQ) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

HOFBF:USA HBCO:Sweden HBC:Norway 0Q6H:UK HBQ:Germany

Address

Kipervikgata 13, Aalesund, NOR, 6003

Website

https://www.hofsethbiocare.com

Hofseth BioCare ASA is a Norway based company engaged in the business of development, manufacturing, marketing and sale of marine ingredients such as oil, calcium and protein products. It is also involved in cooperation, participation, and ownership in the businesses engaged in related activities. The group operates in the business segment of producing salmon oil, soluble protein, calcium, and nonwater soluble protein. The brands under the company are OmeGo, PetGo, ProGo, and CalGo. The firm sells products to various segments of the human nutrition market such as sports nutrition, supplements, and health foods, as well as to the market within nutrition to pet and feed industry. It generates the majority of the revenue from the sale of salmon oil.

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