What is BlackRock Resourcesmmodities Strategy Trust 5-Year Share Buyback Ratio?
Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
5-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past five years. It is calculated as the annualized percentage change in shares outstanding from five 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. BlackRock Resourcesmmodities Strategy Trust's current 5-Year Share Buyback Ratio was 2.20%.
BCX's 5-Year Share Buyback Ratio is ranked better than 86.15% of 1184
companies
in the Asset Management industry
Industry Median: -1.3
vs BCX: 2.20
Competitive Comparison of BlackRock Resourcesmmodities Strategy Trust's 5-Year Share Buyback Ratio
For the Asset Management subindustry, BlackRock Resourcesmmodities Strategy Trust's 5-Year Share Buyback Ratio, along with its competitors' market caps and 5-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.
BlackRock Resourcesmmodities Strategy Trust's 5-Year Share Buyback Ratio Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, BlackRock Resourcesmmodities Strategy Trust's 5-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where BlackRock Resourcesmmodities Strategy Trust's 5-Year Share Buyback Ratio falls into.
BlackRock Resourcesmmodities Strategy Trust 5-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from five years ago to the current year. The annualized percentage change is calculated with least-square regression based on the latest six 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.
BlackRock Resourcesmmodities Strategy Trust (NYSE:BCX) 5-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.
BlackRock Resourcesmmodities Strategy Trust 5-Year Share Buyback Ratio Related Terms
Thank you for viewing the detailed overview of BlackRock Resourcesmmodities Strategy Trust's 5-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
BlackRock Resourcesmmodities Strategy Trust Business Description
BlackRock Resources & Commodities Strategy Trust operates as an investment trust. Its investment objective is to seek high current income and current gains, with a secondary objective of capital appreciation. The company invests at least 80% of its total assets in equity securities issued by commodity or natural resources companies, derivatives with exposure to commodity or natural resources companies or investments in securities and derivatives linked to the underlying price movement of commodities or natural resources.
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