Top Glove Bhd (XKLS:7113) 3-Year Share Buyback Ratio : 0.00% (As of Feb. 2025)

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What is Top Glove Bhd 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. Top Glove Bhd's current 3-Year Share Buyback Ratio was 0.00%.

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

During the past 13 years, Top Glove Bhd's highest 3-Year Share Buyback Ratio was 0.50%. The lowest was -4.50%. And the median was -0.80%.

XKLS:7113's 3-Year Share Buyback Ratio is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: -4.3
* Ranked among companies with meaningful 3-Year Share Buyback Ratio only.

Competitive Comparison of Top Glove Bhd's 3-Year Share Buyback Ratio

For the Medical Instruments & Supplies subindustry, Top Glove Bhd'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.

Top Glove Bhd's 3-Year Share Buyback Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Top Glove Bhd's 3-Year Share Buyback Ratio distribution charts can be found below:

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

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Top Glove Bhd 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.

Top Glove Bhd (XKLS:7113) 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.

Top Glove Bhd 3-Year Share Buyback Ratio Related Terms

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

Top Glove Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Top Glove Corp Bhd (XKLS:7113) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

TPGVF:USA TGLVY:USA BVA:Singapore

Address

16, Persiaran Setia Dagang, Top Glove Tower, Level 21, Setia Alam, Seksyen U13, Shah Alam, SGR, MYS, 40170

Website

https://www.topglove.com

Top Glove Corp Bhd manufactures and sells gloves through several product lines to a diverse group of world-wide customers. Some of the different glove options include latex, nitrile, vinyl, PE, Polychloroprene, Polyisoprene, Flexylon, HDPE and surgical. Top Glove's products are utilized in an array of end markets such as aerospace, food, Personal care, medical care, oral care and home care. Traditionally, the company has derived over half of its sales from its nitrile and powdered latex product lines, with customers in Malaysia generating the majority demand.

Top Glove Bhd Headlines

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