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GRCMF (Green Shift Commodities) 6-Month Share Buyback Ratio : -43.78% (As of Sep. 2024 )


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What is Green Shift Commodities 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. Green Shift Commodities's current 6-Month Share Buyback Ratio was -43.78%.


Competitive Comparison of Green Shift Commodities's 6-Month Share Buyback Ratio

For the Other Industrial Metals & Mining subindustry, Green Shift Commodities'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.


Green Shift Commodities's 6-Month Share Buyback Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Green Shift Commodities's 6-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Green Shift Commodities's 6-Month Share Buyback Ratio falls into.


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Green Shift Commodities 6-Month Share Buyback Ratio Calculation

Green Shift Commodities'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 )
=(95.789 - 137.726) / 95.789
=-43.78%

* 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.


Green Shift Commodities  (OTCPK:GRCMF) 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.


Green Shift Commodities 6-Month Share Buyback Ratio Related Terms


Green Shift Commodities Business Description

Traded in Other Exchanges
Address
401-217 Queen Street West, Toronto, ON, CAN, M5V 0R2
Green Shift Commodities Ltd is a Canadian-based exploration company focused on the exploration of uranium and related minerals in South America. The group has a business presence in Canada, Colombia and Argentina.