Taekwang Industrial Co (XKRX:003240) 5-Year Share Buyback Ratio : 0.00% (As of Dec. 2024)

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What is Taekwang Industrial Co 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. Taekwang Industrial Co's current 5-Year Share Buyback Ratio was 0.00%.

XKRX:003240's 5-Year Share Buyback Ratio is not ranked ^*
in the Chemicals industry.
Industry Median: -2.2
* Ranked among companies with meaningful 5-Year Share Buyback Ratio only.

Competitive Comparison of Taekwang Industrial Co's 5-Year Share Buyback Ratio

For the Chemicals subindustry, Taekwang Industrial Co'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.

Taekwang Industrial Co's 5-Year Share Buyback Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Taekwang Industrial Co's 5-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Taekwang Industrial Co's 5-Year Share Buyback Ratio falls into.

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Taekwang Industrial Co 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.

Taekwang Industrial Co (XKRX:003240) 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.

Taekwang Industrial Co 5-Year Share Buyback Ratio Related Terms

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

Taekwang Industrial Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Taekwang Industrial Co Ltd (XKRX:003240) » Definitions » 5-Year Share Buyback Ratio

Traded in Other Exchanges

N/A

Address

162-1 Jangchung-dong 2-Ga, Jung-gu, Seoul, KOR, 100-392

Website

http://www.taekwang.co.kr

Taekwang Industrial Co Ltd functions basically in the oil & gas industry in Korea. Its scope of business includes petrochemical products, fibers, and textiles. Its petrochemicals include purified terephthalic acid (PTA), propylene, acrylonitrile, sodium cyanide. The company's fiber products derived from its chemicals include acrylic fibers, nylons, spandex, spun yarns, worsted fabrics, cotton fabrics. Apart from its core business, the company also ventures into property renting and broadcast communication businesses.

Taekwang Industrial Co Headlines

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