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Advance Auto Parts (BSP:A1AP34) 5-Year Share Buyback Ratio : 3.20% (As of Dec. 2024)


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What is Advance Auto Parts 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. Advance Auto Parts's current 5-Year Share Buyback Ratio was 3.20%.

BSP:A1AP34's 5-Year Share Buyback Ratio is ranked better than
97.09% of 790 companies
in the Vehicles & Parts industry
Industry Median: -1.6 vs BSP:A1AP34: 3.20

Competitive Comparison of Advance Auto Parts's 5-Year Share Buyback Ratio

For the Auto Parts subindustry, Advance Auto Parts'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.


Advance Auto Parts's 5-Year Share Buyback Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Advance Auto Parts's 5-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Advance Auto Parts's 5-Year Share Buyback Ratio falls into.


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Advance Auto Parts 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.


Advance Auto Parts (BSP:A1AP34) 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.


Advance Auto Parts 5-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Advance Auto Parts's 5-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Advance Auto Parts Business Description

Address
4200 Six Forks Road, Raleigh, NC, USA, 27609
Advance Auto Parts is a leading auto-parts retailer in North America with more than 4,000 store and branch locations. About 50% of the firm's sales are geared toward the professional channel, with the remaining sales in the do-it-yourself market. Through its vast store footprint and distribution network, Advance manages thousands of stock-keeping units for various vehicle makes and models. The retailer primarily competes on the basis of inventory availability and service speed, making the operating efficiency of its hub-and-spoke distribution model critical to meeting customer needs.

Advance Auto Parts Headlines

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