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FIT Hon Teng (HKSE:06088) 6-Month Share Buyback Ratio : 0.00% (As of Jun. 2024 )


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What is FIT Hon Teng 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. FIT Hon Teng's current 6-Month Share Buyback Ratio was 0.00%.


Competitive Comparison of FIT Hon Teng's 6-Month Share Buyback Ratio

For the Electronic Components subindustry, FIT Hon Teng'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.


FIT Hon Teng's 6-Month Share Buyback Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, FIT Hon Teng's 6-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where FIT Hon Teng's 6-Month Share Buyback Ratio falls into.


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FIT Hon Teng 6-Month Share Buyback Ratio Calculation

FIT Hon Teng's 6-Month Share Buyback Ratio for the quarter that ended in Jun. 2024 is calculated as

6-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Dec. 2023 ) - Shares Outstanding (EOP) (Jun. 2024 )) / Shares Outstanding (EOP) (Dec. 2023 )
=(7085.255 - 7085.255) / 7085.255
=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.


FIT Hon Teng  (HKSE:06088) 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.


FIT Hon Teng 6-Month Share Buyback Ratio Related Terms


FIT Hon Teng Business Description

Industry
Traded in Other Exchanges
Address
66-1, Chungshan Road, Tucheng District, New Taipei Ciy, TWN, 23680
FIT Hon Teng Ltd is a manufacturer of electronic components. It focuses on the development, manufacturing, and marketing of electronic and optoelectronic connectors, antennas, acoustic components, cables, and modules for applications in computers, communication equipment, consumer electronics, automobiles, and industrial and green energy field products. Geographically, the group has a business presence in the U.S., the PRC, Taiwan, Hong Kong, the United Kingdom, Singapore, Malaysia, and other countries, of which a majority of revenue is derived from the U.S. Its operating segments are Intermediate products and Consumer products.
Executives
Lu Sung-ching 2101 Beneficial owner
Hong Hai Jing Mi Gong Ye Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Foxconn (far East) Limited 2201 Interest of corporation controlled by you

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