Mincon Group (FRA:MIO) 6-Month Share Buyback Ratio : 0.00% (As of Dec. 2024 )

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What is Mincon 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. Mincon Group's current 6-Month Share Buyback Ratio was 0.00%.

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

For the Tools & Accessories subindustry, Mincon 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.

Mincon Group's 6-Month Share Buyback Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mincon Group's 6-Month Share Buyback Ratio distribution charts can be found below:

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

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Mincon Group 6-Month Share Buyback Ratio Calculation

Mincon 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 )
	=	(212.472	-	212.472)	/	212.472
	=	0.00%

* 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.

Mincon Group (FRA:MIO) 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.

Mincon Group 6-Month Share Buyback Ratio Related Terms

Mincon Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mincon Group PLC (FRA:MIO) » Definitions » 6-Month Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

MIO:Ireland MCON:UK

Address

Smithstown Industrial Estate, County Clare, Shannon, IRL

Website

https://www.mincon.com

Mincon Group PLC is an Irish engineering company. The company is engaged in the designing, manufacturing, selling and servicing of rock drilling tools and associated products. It provides after-sales support and service to customers through its network of sales and distribution companies in international markets. Majority of the revenue is derived from the sale of drilling equipment and other products that are manufactured by its manufacturing sites. Geographically, it derives maximum revenue from Americas and has a presence in Europe, Middle East, Africa, Ireland, and Australasia.