Wondershare Technology Group Co (SZSE:300624) 3-Year Share Buyback Ratio : -2.00% (As of Sep. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Wondershare Technology Group 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. Wondershare Technology Group Co's current 3-Year Share Buyback Ratio was -2.00%.

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

SZSE:300624' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -10.7 Med: -10.6 Max: 0.1
Current: -2

During the past 13 years, Wondershare Technology Group Co's highest 3-Year Share Buyback Ratio was 0.10%. The lowest was -10.70%. And the median was -10.60%.

SZSE:300624's 3-Year Share Buyback Ratio is ranked better than
52.8% of 2091 companies
in the Software industry
Industry Median: -2.4 vs SZSE:300624: -2.00

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

For the Software - Application subindustry, Wondershare Technology Group 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.

Wondershare Technology Group Co's 3-Year Share Buyback Ratio Distribution in the Software Industry

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

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

Save Embed

;

Save Embed

;

Wondershare Technology Group 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.

Wondershare Technology Group Co (SZSE:300624) 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.

Wondershare Technology Group Co 3-Year Share Buyback Ratio Related Terms

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

Wondershare Technology Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wondershare Technology Group Co Ltd (SZSE:300624) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Haidian Road, 14th Software Industry Base 5 D Block, 10th Floor, Nanshan District, Shenzhen, CHN, 850000

Website

http://www.wondershare.cn

Wondershare Technology Group Co Ltd, formerly Wondershare Technology Co Ltd is a China-based company engages in the manufacture and sale of a software application. It offers multimedia, utility, office, mobile, and other software products, as well as featured products. The company's products can be applied to personal computers, tablet PCs, smartphones and other application terminals.

Executives

Wu Tai Bing	Directors, executives
Hu Li Feng	Executives
Liu Qiu Wei	Executives
Chen Qi Sheng	Independent director
Peng Hai Xia	Securities Affairs Representative
Zhang Zheng	Director
Sun Chun	Directors, Directors, and Executives
Zhu Wei	Directors, executives
Chen Jiang Jiang	Supervisors
Ling Shu Guang	Supervisors
Zhu Jian Huan	Director

Wondershare Technology Group Co Headlines

No Headlines