Canterbury Resources (ASX:CBY) 6-Month Share Buyback Ratio : -14.96% (As of Dec. 2024 )

View and export this data going back to 2019. Start your Free Trial

What is Canterbury Resources 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. Canterbury Resources's current 6-Month Share Buyback Ratio was -14.96%.

Competitive Comparison of Canterbury Resources's 6-Month Share Buyback Ratio

For the Other Precious Metals & Mining subindustry, Canterbury Resources'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.

Canterbury Resources's 6-Month Share Buyback Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Canterbury Resources's 6-Month Share Buyback Ratio distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Canterbury Resources 6-Month Share Buyback Ratio Calculation

Canterbury Resources'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 )
	=	(171.741	-	197.441)	/	171.741
	=	-14.96%

* 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.

Canterbury Resources (ASX:CBY) 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.

Canterbury Resources 6-Month Share Buyback Ratio Related Terms

Canterbury Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Canterbury Resources Ltd (ASX:CBY) » Definitions » 6-Month Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Miller Street, Suite 301, Pyrmont, Sydney, NSW, AUS, 2009

Website

https://www.canterburyresources.com.au

Canterbury Resources Ltd is an Australia-based mineral exploration and development company. It focuses on porphyry copper-gold and epithermal gold-silver deposits in the southwest Pacific region, in particular in Australia and Papua New Guinea (PNG). Its project holdings include Ekuti Range Project, Wamum Project, and Bismarck Project in PNG; Briggs Project, Fig Tree Hill and Mannersley Project in Australia. Geographically, it operates in Papua New Guinea and Australia.

Canterbury Resources Headlines

No Headlines