Itaconix (LSE:ITX) 6-Month Share Buyback Ratio : 0.00% (As of Dec. 2024 )

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What is Itaconix 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. Itaconix's current 6-Month Share Buyback Ratio was 0.00%.

Competitive Comparison of Itaconix's 6-Month Share Buyback Ratio

For the Specialty Chemicals subindustry, Itaconix'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.

Itaconix's 6-Month Share Buyback Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Itaconix's 6-Month Share Buyback Ratio distribution charts can be found below:

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

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Itaconix 6-Month Share Buyback Ratio Calculation

Itaconix'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 )
	=	(13.486	-	13.486)	/	13.486
	=	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.

Itaconix (LSE:ITX) 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.

Itaconix 6-Month Share Buyback Ratio Related Terms

Itaconix Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Itaconix PLC (LSE:ITX) » Definitions » 6-Month Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

ITXXF:USA ITX:UK

Address

2 Marin Way, Unit 1, Stratham, NH, USA, 03885

Website

https://www.itaconix.com

Itaconix PLC is developing and producing bio-based polymers from itaconic acid. The company products are used in the safety of home care, personal care, and industrial sectors. Geographically, it derives the majority of its revenue from North America and also has a presence in Europe. The Company has three business segments which include Performance Ingredients develops, produces, and sells proprietary specialty polymers that are used as functional ingredients to meet customers' needs in cleaning, beauty, and hygiene products. Formulation Solutions provides technical services and ingredient supplies for formulated products developed for customers based on Performance Ingredients. Core Operations include development expense, general and administrative expense, professional fees.

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