Sonic Healthcare (STU:SAB) 3-Year Share Buyback Ratio : -0.20% (As of Dec. 2024)

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What is Sonic Healthcare 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. Sonic Healthcare's current 3-Year Share Buyback Ratio was -0.20%.

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

STU:SAB' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -27.8 Med: -4.45 Max: 0.3
Current: -0.2

During the past 13 years, Sonic Healthcare's highest 3-Year Share Buyback Ratio was 0.30%. The lowest was -27.80%. And the median was -4.45%.

STU:SAB's 3-Year Share Buyback Ratio is ranked better than
72.58% of 186 companies
in the Medical Diagnostics & Research industry
Industry Median: -3.1 vs STU:SAB: -0.20

Competitive Comparison of Sonic Healthcare's 3-Year Share Buyback Ratio

For the Diagnostics & Research subindustry, Sonic Healthcare'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.

Sonic Healthcare's 3-Year Share Buyback Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Sonic Healthcare's 3-Year Share Buyback Ratio distribution charts can be found below:

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

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Sonic Healthcare 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.

Sonic Healthcare (STU:SAB) 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.

Sonic Healthcare 3-Year Share Buyback Ratio Related Terms

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

Sonic Healthcare Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Sonic Healthcare Ltd (STU:SAB) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

SKHHY:USA SKHCF:USA SAB:Germany SHL:Australia

Address

225 George Street, Level 22, Grosvenor Place, Sydney, NSW, AUS, 2000

Website

https://www.sonichealthcare.com

Sonic Healthcare is a global pathology provider. It is the largest private operator in Australia, Germany, Switzerland and the UK, the second-largest in Belgium and New Zealand, and the third largest in the US. In addition to pathology, which contributes roughly 85% of group revenue, Sonic is the second-largest player in diagnostic imaging in Australia and the largest operator of medical centers in Australia. The company typically earns about 40% of group revenue in Australia and New Zealand, 25% in the US, and 35% in Europe.

Sonic Healthcare Headlines

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