GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » The Westaim Corp (OTCPK:WEDXF) » Definitions » 3-Year Share Buyback Ratio

WEDXF (The Westaim) 3-Year Share Buyback Ratio : 3.00% (As of Dec. 2024)


View and export this data going back to 1996. Start your Free Trial

What is The Westaim 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. The Westaim's current 3-Year Share Buyback Ratio was 3.00%.

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

WEDXF' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -117.6   Med: -1.2   Max: 3
Current: 3

During the past 13 years, The Westaim's highest 3-Year Share Buyback Ratio was 3.00%. The lowest was -117.60%. And the median was -1.20%.

WEDXF's 3-Year Share Buyback Ratio is ranked better than
86.55% of 1152 companies
in the Asset Management industry
Industry Median: -0.9 vs WEDXF: 3.00

Competitive Comparison of The Westaim's 3-Year Share Buyback Ratio

For the Asset Management subindustry, The Westaim'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.

The Westaim's 3-Year Share Buyback Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, The Westaim's 3-Year Share Buyback Ratio distribution charts can be found below:

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


;
;

The Westaim 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.

The Westaim (OTCPK:WEDXF) 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.

The Westaim 3-Year Share Buyback Ratio Related Terms

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

The Westaim Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » The Westaim Corp (OTCPK:WEDXF) » Definitions » 3-Year Share Buyback Ratio
Comparable Companies
TSX:DFN TSX:FSZ TSX:AGF.B TSX:CGI TSXV:SQG TSX:FTN TSX:AD.UN TSX:LBS.PR.A TSX:SEC TSX:GCG BLK BX KKR OSTO:INVE A TSX:BAM APO TSX:BN LSE:III AMP XSWX:PGHN
Traded in Other Exchanges
7N4:Germany WED:Canada
Address
405 Lexington Avenue, 59th Floor, Suite 1700, New York, NY, USA, 10174
Website
https://www.westaim.com
The Westaim Corp is a Canada-based investment company, engaged in providing long-term capital to businesses operating mainly within the financial services industry. The Company's principal investments consist of its investment in Skyward Specialty, Arena FINCOs and Arena.
Executives
Cameron Macdonald 10 percent owner 70 YORK STREET, SUITE 1700, TORONTO A6 M5J 1S9
Goodwood Inc. 10 percent owner 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H1K5
Peter Puccetti 10 percent owner 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H 1K5
Fund Goodwood other: Other 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H 1K5
Goodwood Fund 2.0 Ltd other: Other 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H 1K5
Goodwood Fund Arrow other: Other 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H 1K5
Capital Fund Goodwood other: Other 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H 1K5
1354037 Ontario Inc. 10 percent owner 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H 1K5
K2 Principal Fund, L.p. 10 percent owner 2 BLOOR STREET WEST, SUITE 801, TORONTO A6 M4W 3E2
Shawn Kimel 10 percent owner 2 BLOOR STREET WEST, SUITE 801, TORONTO A6 M4W 3E2
Shawn Kimel Investments, Inc. 10 percent owner 2 BLOOR STREET WEST, SUITE 801, TORONTO A6 M4W 3E2
K2 & Associates Investment Management Inc. 10 percent owner 2 BLOOR STREET WEST, SUITE 801, TORONTO A6 M4W 3E2
K2 Genpar, Inc. 10 percent owner 444 ADELAIDE STREET W SUITE 200, TORONTO A6 M5V 1S7