African Rainbow Minerals (FRA:EB9) 5-Year Share Buyback Ratio : -0.30% (As of Dec. 2024)

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What is African Rainbow Minerals 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. African Rainbow Minerals's current 5-Year Share Buyback Ratio was -0.30%.

FRA:EB9's 5-Year Share Buyback Ratio is ranked better than
94.35% of 1840 companies
in the Metals & Mining industry
Industry Median: -18.35 vs FRA:EB9: -0.30

Competitive Comparison of African Rainbow Minerals's 5-Year Share Buyback Ratio

For the Other Industrial Metals & Mining subindustry, African Rainbow Minerals'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.

African Rainbow Minerals's 5-Year Share Buyback Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, African Rainbow Minerals's 5-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where African Rainbow Minerals's 5-Year Share Buyback Ratio falls into.

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African Rainbow Minerals 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.

African Rainbow Minerals (FRA:EB9) 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.

African Rainbow Minerals 5-Year Share Buyback Ratio Related Terms

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

African Rainbow Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » African Rainbow Minerals Ltd (FRA:EB9) » Definitions » 5-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

ARI:South Africa AFBOF:USA EB9:Germany

Address

29 Impala Road, ARM House, Chislehurston, Sandton, GT, ZAF, 2196

Website

https://www.arm.co.za

African Rainbow Minerals Ltd is a South African diversified mining and minerals company. The group has various operating divisions: ARM Platinum (which includes platinum group metals and nickel), ARM Ferrous, ARM Coal and ARM Corporate (which includes Machadodorp Works, Corporate, Gold and other). It derives maximum revenue from South Africa and has its presence in Europe, Americas and Far and Middle East.

African Rainbow Minerals Headlines

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