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SpareBank 1 SMN (CHIX:MINGO) 6-Month Share Buyback Ratio : -0.01% (As of Dec. 2024 )


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What is SpareBank 1 SMN 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. SpareBank 1 SMN's current 6-Month Share Buyback Ratio was -0.01%.


Competitive Comparison of SpareBank 1 SMN's 6-Month Share Buyback Ratio

For the Banks - Regional subindustry, SpareBank 1 SMN'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.


SpareBank 1 SMN's 6-Month Share Buyback Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 SMN's 6-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where SpareBank 1 SMN's 6-Month Share Buyback Ratio falls into.


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SpareBank 1 SMN 6-Month Share Buyback Ratio Calculation

SpareBank 1 SMN'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 )
=(144.190 - 144.208) / 144.190
=-0.01%

* 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.


SpareBank 1 SMN  (CHIX:MINGo) 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.


SpareBank 1 SMN 6-Month Share Buyback Ratio Related Terms


SpareBank 1 SMN Business Description

Traded in Other Exchanges
Address
Sondre gate 4, Trondheim, NOR, 7011
SpareBank 1 SMN is a regional bank offering retail and corporate banking services and principally operating in Norway. The bank is among the owners of the SpareBank 1 Alliance. The services and products of the bank serves real estate, construction, sea farming, agriculture, fisheries, shipbuilding, offshore, and retail industries, as well as the public and energy sectors. The bank's income is split nearly evenly between net interest income and net fees and commission income.

SpareBank 1 SMN Headlines

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