Insurance Australia Group (ASX:IAG) 6-Month Share Buyback Ratio : 0.21% (As of Dec. 2024 )

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What is Insurance Australia Group 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. Insurance Australia Group's current 6-Month Share Buyback Ratio was 0.21%.

Competitive Comparison of Insurance Australia Group's 6-Month Share Buyback Ratio

For the Insurance - Property & Casualty subindustry, Insurance Australia Group'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.

Insurance Australia Group's 6-Month Share Buyback Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Insurance Australia Group's 6-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Insurance Australia Group's 6-Month Share Buyback Ratio falls into.

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Insurance Australia Group 6-Month Share Buyback Ratio Calculation

Insurance Australia Group'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 )
	=	(2370.000	-	2365.000)	/	2370.000
	=	0.21%

* 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.

Insurance Australia Group (ASX:IAG) 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.

Insurance Australia Group 6-Month Share Buyback Ratio Related Terms

Insurance Australia Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Insurance Australia Group Ltd (ASX:IAG) » Definitions » 6-Month Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

IAUGY:USA NRM:Germany

Address

Darling Park, 201 Sussex Street, Level 13, Tower Two, Sydney, NSW, AUS, 2000

Website

https://www.iag.com.au

Insurance Australia Group is the biggest domestic general insurer by gross written premium operating in Australia and New Zealand. The key general insurance markets in which the company operates are home and contents, motor vehicle and compulsory third party, and short-tail commercial. Insurance Australia Group sells insurance under several brands, including NRMA, CGU, SGIO, SGIC, WFI, and Swann in Australia and NZI, State, AMI, and Lumley in New Zealand.