RNECY (Renesas Electronics) 5-Year Share Buyback Ratio : -0.70% (As of Dec. 2024)

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What is Renesas Electronics 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. Renesas Electronics's current 5-Year Share Buyback Ratio was -0.70%.

RNECY's 5-Year Share Buyback Ratio is ranked better than
72.29% of 729 companies
in the Semiconductors industry
Industry Median: -3.2 vs RNECY: -0.70

Competitive Comparison of Renesas Electronics's 5-Year Share Buyback Ratio

For the Semiconductors subindustry, Renesas Electronics'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.

Renesas Electronics's 5-Year Share Buyback Ratio Distribution in the Semiconductors Industry

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

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

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Renesas Electronics 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.

Renesas Electronics (OTCPK:RNECY) 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.

Renesas Electronics 5-Year Share Buyback Ratio Related Terms

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Renesas Electronics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Renesas Electronics Corp (OTCPK:RNECY) » Definitions » 5-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

RNECF:USA 6723:Japan NEN:Germany

Address

Toyosu Foresia, 3-2-24, Toyosu, Koto-ku, Tokyo, JPN, 135-0061

Website

http://www.renesas.com

Headquartered in Tokyo, Japan, Renesas Electronics Corp is an integrated device manufacturer, or IDM, selling semiconductors including microcontrollers, systems on chips, and other analog chips. The company was a combination of parts of the electronics businesses of Hitachi, Mitsubishi, NEC Electronics. Renesas' manufacturing sites are located in Japan, China, and Malaysia. It employs 21,204 people as of Dec. 31, 2023.