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AIRYY (Air China) 6-Month Share Buyback Ratio : -5.15% (As of Dec. 2024 )


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What is Air China 6-Month Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

6-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past six months, calculated as the percentage change in shares outstanding from two quarters ago to the current quarter. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Air China's current 6-Month Share Buyback Ratio was -5.15%.

Competitive Comparison of Air China's 6-Month Share Buyback Ratio

For the Airlines subindustry, Air China's 6-Month Share Buyback Ratio, along with its competitors' market caps and 6-Month 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.

Air China's 6-Month Share Buyback Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Air China's 6-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Air China's 6-Month Share Buyback Ratio falls into.


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Air China 6-Month Share Buyback Ratio Calculation

Air China's 6-Month Share Buyback Ratio for the quarter that ended in Dec. 2024 is calculated as

6-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Jun. 2024 ) - Shares Outstanding (EOP) (Dec. 2024 )) / Shares Outstanding (EOP) (Jun. 2024 )
=(829.686 - 872.421) / 829.686
=-5.15%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Air China  (OTCPK:AIRYY) 6-Month Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.

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.

Air China 6-Month Share Buyback Ratio Related Terms

Air China Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air China Ltd (OTCPK:AIRYY) » Definitions » 6-Month Share Buyback Ratio
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SHSE:600029 SZSE:001391 SHSE:600115 SHSE:600221 SHSE:601021 SHSE:603885 SZSE:002928 DAL NSE:INDIGO UAL DUB:RYA LUV LSE:IAG SGX:C6L IST:THYAO XSGO:LTM XTER:LHA ASX:QAN TSE:9202 HKSE:00293
Traded in Other Exchanges
AICAF:USA 00753:Hong Kong AD2:Germany 601111:China AD2:Austria
Address
12 Tung Fai Road, 5th Floor, CNAC House, Hong Kong International Airport, Hong Kong, HKG
Website
http://www.airchina.com.cn
Air China is based in Beijing. It is one of the largest state-owned airlines and the flag carrier in China. The group operated a fleet of 905 aircraft as of 2023 and carried more than 115 million passengers in prepandemic 2019. It runs a spoke-and-hub model under which it gathers and distributes passengers from air hubs such as Beijing, Chengdu, and Shanghai.