Avanti Communications Group (LSE:AVN) 6-Month Share Buyback Ratio : 0.00% (As of Jun. 2020 )

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What is Avanti Communications 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. Avanti Communications Group's current 6-Month Share Buyback Ratio was 0.00%.

Competitive Comparison of Avanti Communications Group's 6-Month Share Buyback Ratio

For the Telecom Services subindustry, Avanti Communications 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.

Avanti Communications Group's 6-Month Share Buyback Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Avanti Communications Group's 6-Month Share Buyback Ratio distribution charts can be found below:

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

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Avanti Communications Group 6-Month Share Buyback Ratio Calculation

Avanti Communications Group's 6-Month Share Buyback Ratio for the quarter that ended in Jun. 2020 is calculated as

6-Month Share Buyback Ratio	=	(Shares Outstanding (EOP) (Dec. 2019 )	-	Shares Outstanding (EOP) (Jun. 2020 ))	/	Shares Outstanding (EOP) (Dec. 2019 )
	=	(2155.830	-	2155.830)	/	2155.830
	=	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.

Avanti Communications Group (LSE:AVN) 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.

Avanti Communications Group 6-Month Share Buyback Ratio Related Terms

Avanti Communications Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Avanti Communications Group PLC (LSE:AVN) » Definitions » 6-Month Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Black Friars Lane, Cobham House, London, GBR, EC4V 6EB

Website

http://www.avantiplc.com

Avanti Communications Group PLC sells managed satellite data communications products to service providers on a wholesale basis. It uses the high-frequency Ka-band spectrum. The company's operating segments include Bandwidth and services, and Equipment. Its network can provide download speeds of up to 380Mbps. The company generates its revenues from the utilisation of its space assets, namely its spectrum rights and satellites. These assets include its spectrum rights, satellites, intellectual property, and ground station assets. It serves customers across Europe, the Middle East, and Africa.

Avanti Communications Group Headlines

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