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AOGO (Arogo Capital Acquisition) 6-Month Share Buyback Ratio : 74.73% (As of Jun. 2024 )


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What is Arogo Capital Acquisition 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. Arogo Capital Acquisition's current 6-Month Share Buyback Ratio was 74.73%.


Competitive Comparison of Arogo Capital Acquisition's 6-Month Share Buyback Ratio

For the Shell Companies subindustry, Arogo Capital Acquisition'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.


Arogo Capital Acquisition's 6-Month Share Buyback Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Arogo Capital Acquisition's 6-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Arogo Capital Acquisition's 6-Month Share Buyback Ratio falls into.


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Arogo Capital Acquisition 6-Month Share Buyback Ratio Calculation

Arogo Capital Acquisition's 6-Month Share Buyback Ratio for the quarter that ended in Jun. 2024 is calculated as

6-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Dec. 2023 ) - Shares Outstanding (EOP) (Jun. 2024 )) / Shares Outstanding (EOP) (Dec. 2023 )
=(8.921 - 2.254) / 8.921
=74.73%

* 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.


Arogo Capital Acquisition  (OTCPK:AOGO) 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.


Arogo Capital Acquisition 6-Month Share Buyback Ratio Related Terms


Arogo Capital Acquisition Business Description

Traded in Other Exchanges
N/A
Address
848 Brickell Avenue, Penthouse 5, Miami, FL, USA, 33131
Arogo Capital Acquisition Corp is a blank check company.
Executives
J. Gerald Combs director 848 BRICKELL AVENUE, PENT HOUSE 5, MIAMI FL 33131
Ja'afar H.r.h. Tunku Naquiyuddin Ibni Tuanku director 848 BRICKELL AVENUE, PENT HOUSE 5, MIAMI FL 33131
Chee Han Wen officer: Chief Strategy Officer 848 BRICKELL AVENUE, PENT HOUSE 5, MIAMI FL 33131
Suthee Chivaphongse officer: Chief Financial Officer 848 BRICKELL AVENUE, PENT HOUSE 5, MIAMI FL 33131
Suradech Taweesaengsakulthai director, officer: Director and CEO 848 BRICKELL AVENUE, PENT HOUSE 5, MIAMI FL 33131
Somnuek Anakwat director 848 BRICKELL AVENUE, PENT HOUSE 5, MIAMI FL 33131
Koo Dom Investment, Llc 10 percent owner 7201 WELLESLEY AVENUE, WESTMINSTER CA 92682