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NexOptic Technology (FRA:E3O1) 5-Year Share Buyback Ratio : -9.30% (As of Sep. 2024)


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What is NexOptic Technology 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. NexOptic Technology's current 5-Year Share Buyback Ratio was -9.30%.

FRA:E3O1's 5-Year Share Buyback Ratio is ranked worse than
81.99% of 1749 companies
in the Hardware industry
Industry Median: -2.2 vs FRA:E3O1: -9.30

Competitive Comparison of NexOptic Technology's 5-Year Share Buyback Ratio

For the Electronic Components subindustry, NexOptic Technology'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.


NexOptic Technology's 5-Year Share Buyback Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, NexOptic Technology's 5-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where NexOptic Technology's 5-Year Share Buyback Ratio falls into.


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NexOptic Technology 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.


NexOptic Technology (FRA:E3O1) 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.


NexOptic Technology 5-Year Share Buyback Ratio Related Terms

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NexOptic Technology Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2
NexOptic Technology Corp engages in the investment and development of technologies relating to imagery and light concentration for lens and image capture-based systems. Its technology includes Aliis; Doubletake and Mobile Lens.

NexOptic Technology Headlines

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