Web Travel Group (ASX:WEB) 6-Month Share Buyback Ratio : -1.30% (As of Sep. 2024 )

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What is Web Travel 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. Web Travel Group's current 6-Month Share Buyback Ratio was -1.30%.

Competitive Comparison of Web Travel Group's 6-Month Share Buyback Ratio

For the Travel Services subindustry, Web Travel 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.

Web Travel Group's 6-Month Share Buyback Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Web Travel Group's 6-Month Share Buyback Ratio distribution charts can be found below:

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

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Web Travel Group 6-Month Share Buyback Ratio Calculation

Web Travel Group's 6-Month Share Buyback Ratio for the quarter that ended in Sep. 2024 is calculated as

6-Month Share Buyback Ratio	=	(Shares Outstanding (EOP) (Mar. 2024 )	-	Shares Outstanding (EOP) (Sep. 2024 ))	/	Shares Outstanding (EOP) (Mar. 2024 )
	=	(387.500	-	392.530)	/	387.500
	=	-1.30%

* 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.

Web Travel Group (ASX:WEB) 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.

Web Travel Group 6-Month Share Buyback Ratio Related Terms

Web Travel Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Web Travel Group Ltd (ASX:WEB) » Definitions » 6-Month Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

WEJTY:USA WBJ:Germany

Address

509 St Kilda Road, Level 2, Melbourne, VIC, AUS, 3004

Website

https://www.webtravelgroup.com

Web Travel Group provides online accommodation bookings across Europe, Asia-Pacific, the Middle East, and Africa, as well as Americas. The group operates in the business to business, or B2B, segment. The B2B business, WebBeds, acts as an intermediary between hotels and wholesale/retail travel service providers. WebBeds is currently the world's second-largest B2B accommodation booking provider despite only a 4% market share of the fragmented AUD 70 billion global B2B accommodation market.