Taiga Building Products (TSX:TBL) 3-Year Share Buyback Ratio : 0.10% (As of Dec. 2024)

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What is Taiga Building Products 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. Taiga Building Products's current 3-Year Share Buyback Ratio was 0.10%.

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

TSX:TBL' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -60.8 Med: -26.6 Max: 2.2
Current: 0.1

During the past 13 years, Taiga Building Products's highest 3-Year Share Buyback Ratio was 2.20%. The lowest was -60.80%. And the median was -26.60%.

TSX:TBL's 3-Year Share Buyback Ratio is ranked better than
60.82% of 97 companies
in the Industrial Distribution industry
Industry Median: -0.3 vs TSX:TBL: 0.10

Competitive Comparison of Taiga Building Products's 3-Year Share Buyback Ratio

For the Industrial Distribution subindustry, Taiga Building Products'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.

Taiga Building Products's 3-Year Share Buyback Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Taiga Building Products's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Taiga Building Products's 3-Year Share Buyback Ratio falls into.

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Taiga Building Products 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.

Taiga Building Products (TSX:TBL) 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.

Taiga Building Products 3-Year Share Buyback Ratio Related Terms

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

Taiga Building Products Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Taiga Building Products Ltd (TSX:TBL) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

TGAFF:USA 4T7:Germany

Address

4710 Kingsway, Suite 800, Burnaby, BC, CAN, V5H 4M2

Website

https://www.taigabuilding.com

Taiga Building Products Ltd is a Canadian-based company. It is engaged in the production and wholesale distribution of building products. The product range of the company includes composite decking, engineered wood, lumber, mouldings, panels, polyethylene, treated wood, roofing, flooring, and others. The company earns the majority of its revenue from Canada, followed by the United States.

Taiga Building Products Headlines

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