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Jubilee Metals Group (JSE:JBL) 6-Month Share Buyback Ratio : -0.27% (As of Dec. 2024 )


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What is Jubilee Metals 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. Jubilee Metals Group's current 6-Month Share Buyback Ratio was -0.27%.


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

For the Other Industrial Metals & Mining subindustry, Jubilee Metals 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.


Jubilee Metals Group's 6-Month Share Buyback Ratio Distribution in the Metals & Mining Industry

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

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


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Jubilee Metals Group 6-Month Share Buyback Ratio Calculation

Jubilee Metals 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 )
=(3005.659 - 3013.866) / 3005.659
=-0.27%

* 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.


Jubilee Metals Group  (JSE:JBL) 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.


Jubilee Metals Group 6-Month Share Buyback Ratio Related Terms


Jubilee Metals Group Business Description

Traded in Other Exchanges
Address
7/8 Kendrick Mews, 1st Floor, South Kensington, London, GBR, SW7 3HG
Jubilee Metals Group PLC is a platinum-focused mining and exploration company. The company's operations include PGM and Chrome, engaged in the processing of PGM and chromium-containing materials; Copper and Cobalt are involved in the processing of materials containing copper and cobalt; Others include administrative and corporate expenses. It has operations in six countries namely South Africa, Australia, Madagascar, Mauritius, Zambia, and the United Kingdom.