Macrolink Culturaltainment Development Co (SZSE:000620) 3-Year Share Buyback Ratio : -45.70% (As of Sep. 2024)

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What is Macrolink Culturaltainment Development 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. Macrolink Culturaltainment Development Co's current 3-Year Share Buyback Ratio was -45.70%.

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

SZSE:000620' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -72.4 Med: -5.9 Max: -2.9
Current: -45.7

During the past 13 years, Macrolink Culturaltainment Development Co's highest 3-Year Share Buyback Ratio was -2.90%. The lowest was -72.40%. And the median was -5.90%.

SZSE:000620's 3-Year Share Buyback Ratio is ranked worse than
95.17% of 290 companies
in the Conglomerates industry
Industry Median: -0.4 vs SZSE:000620: -45.70

Competitive Comparison of Macrolink Culturaltainment Development Co's 3-Year Share Buyback Ratio

For the Conglomerates subindustry, Macrolink Culturaltainment Development 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.

Macrolink Culturaltainment Development Co's 3-Year Share Buyback Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Macrolink Culturaltainment Development Co's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Macrolink Culturaltainment Development Co's 3-Year Share Buyback Ratio falls into.

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Macrolink Culturaltainment Development 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.

Macrolink Culturaltainment Development Co (SZSE:000620) 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.

Macrolink Culturaltainment Development Co 3-Year Share Buyback Ratio Related Terms

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

Macrolink Culturaltainment Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Macrolink Culturaltainment Development Co Ltd (SZSE:000620) » Definitions » 3-Year Share Buyback Ratio

Traded in Other Exchanges

N/A

Address

Government Street, Macrolink Headquarters Plaza, Taihu Town, Tongzhou District, Beijing, CHN, 101116

Website

http://www.macrolink.com.cn

Macrolink Culturaltainment Development Co Ltd is a China-based conglomerate with business interests in the real estate, chemical, mining, ceramics, wine, and financial investment industries. In real estate business, the company develops, operates and provides related services residential, commercial, tourism and cultural property. In the petroleum sector, the company focuses on the wholesale and retailing business of crude oil, refined oil products, and fuel oil. Involved in the finance sector, the company is engaged in the project investment, securities investment and equity investment. In addition, the organization is also focused on the ceramics, liquor, ecological agriculture and nutritional beverages industries.

Executives

Yang Yun Feng	Executives
Wu Yi Ping	Supervisors
Li Jian Gang	Director
Fu Jun	Director
Feng Jian Jun	Director
Hu Jin Liang	Independent director
Hang Guan Yu	Directors, executives
Xu Yang	Executives

Macrolink Culturaltainment Development Co Headlines

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