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INTWF (Sharc International Systems) 6-Month Share Buyback Ratio : -1.06% (As of Sep. 2024 )


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What is Sharc International Systems 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. Sharc International Systems's current 6-Month Share Buyback Ratio was -1.06%.


Competitive Comparison of Sharc International Systems's 6-Month Share Buyback Ratio

For the Pollution & Treatment Controls subindustry, Sharc International Systems'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.


Sharc International Systems's 6-Month Share Buyback Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Sharc International Systems's 6-Month Share Buyback Ratio falls into.


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Sharc International Systems 6-Month Share Buyback Ratio Calculation

Sharc International Systems'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 )
=(156.950 - 158.613) / 156.950
=-1.06%

* 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.


Sharc International Systems  (OTCPK:INTWF) 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.


Sharc International Systems 6-Month Share Buyback Ratio Related Terms


Sharc International Systems Business Description

Traded in Other Exchanges
Address
1443 Spitfire Place, Port Coquitlam, BC, CAN, V3C 6L4
Sharc International Systems Inc is engaged in providing wastewater heat exchange expertise and products that serve commercial, industrial, public utilities, and residential development projects objectives of reducing their carbon footprint while saving on energy costs. The company operates in a single operating segment namely, Sales and marketing of Wastewater energy transfer equipment.