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BUGVF (Primo Nutraceuticals) 6-Month Share Buyback Ratio : 0.00% (As of Apr. 2020 )


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What is Primo Nutraceuticals 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. Primo Nutraceuticals's current 6-Month Share Buyback Ratio was 0.00%.


Competitive Comparison of Primo Nutraceuticals's 6-Month Share Buyback Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Primo Nutraceuticals'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.


Primo Nutraceuticals's 6-Month Share Buyback Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Primo Nutraceuticals's 6-Month Share Buyback Ratio distribution charts can be found below:

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


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Primo Nutraceuticals 6-Month Share Buyback Ratio Calculation

Primo Nutraceuticals's 6-Month Share Buyback Ratio for the quarter that ended in Apr. 2020 is calculated as

6-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Oct. 2019 ) - Shares Outstanding (EOP) (Apr. 2020 )) / Shares Outstanding (EOP) (Oct. 2019 )
=(9.138 - 10.095) / 9.138
=-10.47%

* 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.


Primo Nutraceuticals  (OTCPK:BUGVF) 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.


Primo Nutraceuticals 6-Month Share Buyback Ratio Related Terms


Primo Nutraceuticals Business Description

Traded in Other Exchanges
N/A
Address
890 West Pender Street, Suite 440, Vancouver, BC, CAN, V6C 1J9
Primo Nutraceuticals Inc is engaged in the production, processing, retail and branding of cannabis and cannabis-related products. The company offer fully built out turnkey facilities equipped with state-of-the-art growing infrastructure to cannabis growers and processors.