Great-West Lifeco (TSX:GWO.PR.R.PFD) 3-Year Share Buyback Ratio : -0.10% (As of Dec. 2024)

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What is Great-West Lifeco 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. Great-West Lifeco's current 3-Year Share Buyback Ratio was -0.10%.

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

TSX:GWO.PR.R.PFD' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -6.7 Med: -0.2 Max: 2.1
Current: -0.1

During the past 13 years, Great-West Lifeco's highest 3-Year Share Buyback Ratio was 2.10%. The lowest was -6.70%. And the median was -0.20%.

TSX:GWO.PR.R.PFD's 3-Year Share Buyback Ratio is ranked better than
51.93% of 285 companies
in the Insurance industry
Industry Median: -0.1 vs TSX:GWO.PR.R.PFD: -0.10

Competitive Comparison of Great-West Lifeco's 3-Year Share Buyback Ratio

For the Insurance - Life subindustry, Great-West Lifeco'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.

Great-West Lifeco's 3-Year Share Buyback Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Great-West Lifeco's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Great-West Lifeco's 3-Year Share Buyback Ratio falls into.

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Great-West Lifeco 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.

Great-West Lifeco (TSX:GWO.PR.R.PFD) 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.

Great-West Lifeco 3-Year Share Buyback Ratio Related Terms

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

Great-West Lifeco Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Great-West Lifeco Inc (TSX:GWO.PR.R.PFD) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

GWLIF:USA 0AH3:UK GWS:Germany GWO.PR.T.PFD:Canada GWO.PR.S.PFD:Canada GWO.PR.Q.PFD:Canada GWO.PR.P.PFD:Canada GWO.PR.N.PFD:Canada GWO.PR.M.PFD:Canada GWO.PR.L.PFD:Canada GWO.PR.I.PFD:Canada GWO.PR.H.PFD:Canada GWO.PR.G.PFD:Canada GWO:Canada

Address

100 Osborne Street North, Winnipeg, MB, CAN, R3C 1V3

Website

https://www.greatwestlifeco.com

Great-West Lifeco provides life insurance, health insurance, retirement products, asset management, recordkeeping services, and reinsurance products in Canada, the United States, and Europe. The Canada business contributes approximately 31% of adjusted earnings and has leading market positions in group insurance, group retirement, and individual insurance. The company operates the second-largest recordkeeping business under the Empower brand in the United States, with an earnings contribution from the country approximating 26%. Great-West Lifeco also offers various products across Europe markets with a strong presence in the UK, Ireland, and Germany. The Europe segment contributed around 21% of adjusted earnings and the reinsurance business accounts for around 22% of adjusted earnings.

Great-West Lifeco Headlines

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