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ISDAY (Israel Discount Bank) 6-Month Share Buyback Ratio : 0.22% (As of Dec. 2024 )


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What is Israel Discount Bank 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. Israel Discount Bank's current 6-Month Share Buyback Ratio was 0.22%.


Competitive Comparison of Israel Discount Bank's 6-Month Share Buyback Ratio

For the Banks - Regional subindustry, Israel Discount Bank'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.


Israel Discount Bank's 6-Month Share Buyback Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Israel Discount Bank's 6-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Israel Discount Bank's 6-Month Share Buyback Ratio falls into.


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Israel Discount Bank 6-Month Share Buyback Ratio Calculation

Israel Discount Bank'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 )
=(123.562 - 123.294) / 123.562
=0.22%

* 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.


Israel Discount Bank  (OTCPK:ISDAY) 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.


Israel Discount Bank 6-Month Share Buyback Ratio Related Terms


Israel Discount Bank Business Description

Traded in Other Exchanges
Address
23 Yehuda Halevi Street, Tel Aviv, ISR, 65136
Israel Discount Bank Ltd and its subsidiaries engage in banking and financial services. The bank is headquartered in Israel and earns the majority of its revenue domestically. The bank operates through several segments organized by customer type, including Household, Private banking, Minute businesses, Small businesses, Medium businesses, Large businesses, Institutional Bodies, Financial management, and Others.