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DMG Blockchain Solutions (FRA:6AX) 6-Month Share Buyback Ratio : -19.74% (As of Dec. 2024 )


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What is DMG Blockchain Solutions 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. DMG Blockchain Solutions's current 6-Month Share Buyback Ratio was -19.74%.


Competitive Comparison of DMG Blockchain Solutions's 6-Month Share Buyback Ratio

For the Capital Markets subindustry, DMG Blockchain Solutions'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.


DMG Blockchain Solutions's 6-Month Share Buyback Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, DMG Blockchain Solutions's 6-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where DMG Blockchain Solutions's 6-Month Share Buyback Ratio falls into.


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DMG Blockchain Solutions 6-Month Share Buyback Ratio Calculation

DMG Blockchain Solutions'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 )
=(169.734 - 203.242) / 169.734
=-19.74%

* 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.


DMG Blockchain Solutions  (FRA:6AX) 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.


DMG Blockchain Solutions 6-Month Share Buyback Ratio Related Terms


DMG Blockchain Solutions Business Description

Traded in Other Exchanges
Address
4193 104th Street, Delta, BC, CAN, V4K 3N3
DMG Blockchain Solutions Inc is a full-service blockchain and cryptocurrency company. It manages, operates, and develops end-to-end digital solutions to monetize the blockchain ecosystem. It is also involved in server hosting and other similar service arrangements for the transaction verification services business and software solutions. The company engages in the research and development of technology solutions related to the transaction verification business. It derives maximum revenue from digital currency mining, and the rest from software licensing, the sale of mining equipment, set-up and hosting fees, and others.

DMG Blockchain Solutions Headlines

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