Warner Music Group (STU:WA4) 3-Year Share Buyback Ratio : -0.20% (As of Dec. 2024)

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What is Warner Music Group 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. Warner Music Group's current 3-Year Share Buyback Ratio was -0.20%.

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

STU:WA4' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -48.1 Med: -0.7 Max: 33.4
Current: -0.2

During the past 13 years, Warner Music Group's highest 3-Year Share Buyback Ratio was 33.40%. The lowest was -48.10%. And the median was -0.70%.

STU:WA4's 3-Year Share Buyback Ratio is ranked better than
68.12% of 640 companies
in the Media - Diversified industry
Industry Median: -1.7 vs STU:WA4: -0.20

Competitive Comparison of Warner Music Group's 3-Year Share Buyback Ratio

For the Entertainment subindustry, Warner Music Group'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.

Warner Music Group's 3-Year Share Buyback Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Warner Music Group's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Warner Music Group's 3-Year Share Buyback Ratio falls into.

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Warner Music Group 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.

Warner Music Group (STU:WA4) 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.

Warner Music Group 3-Year Share Buyback Ratio Related Terms

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

Warner Music Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Warner Music Group Corp (STU:WA4) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

WMG:USA WA4:Germany W1MG34:Brazil WMG:Austria

Address

1633 Broadway, New York, NY, USA, 10019

Website

https://www.wmg.com

Warner Music is the third-largest of the three major record companies. Recorded music accounts for most of the firm's revenue, with the segment housing notable record labels including Atlantic Records, Warner Records, Elektra Records. Some of the most successful current artists signed to record deals with Warner include Ed Sheeran, Bruno Mars, Cardi B, and Dua Lipa. Warner's remaining revenue comes from its publishing business, where Warner Chappell represents more than 180,000 songwriters and composers, some of whom are also Warner recording artists but many of whom are not recording artists or are attached to other labels. Warner Chappell controls more than 1 million musical compositions. Access Industries controls 98% of Warner's voting rights, while holding a 72% economic interest.

Warner Music Group Headlines

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