JPMorgan European Discovery Trust (LSE:JEDT) 6-Month Share Buyback Ratio : 18.89% (As of Sep. 2024 )

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What is JPMorgan European Discovery Trust 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. JPMorgan European Discovery Trust's current 6-Month Share Buyback Ratio was 18.89%.

Competitive Comparison of JPMorgan European Discovery Trust's 6-Month Share Buyback Ratio

For the Asset Management subindustry, JPMorgan European Discovery Trust'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.

JPMorgan European Discovery Trust's 6-Month Share Buyback Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan European Discovery Trust's 6-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where JPMorgan European Discovery Trust's 6-Month Share Buyback Ratio falls into.

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JPMorgan European Discovery Trust 6-Month Share Buyback Ratio Calculation

JPMorgan European Discovery Trust'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 )
	=	(147.692	-	119.798)	/	147.692
	=	18.89%

* 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.

JPMorgan European Discovery Trust (LSE:JEDT) 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.

JPMorgan European Discovery Trust 6-Month Share Buyback Ratio Related Terms

JPMorgan European Discovery Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » JPMorgan European Discovery Trust PLC (LSE:JEDT) » Definitions » 6-Month Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 Victoria Embankment, London, GBR, EC4Y 0JP

Website

https://www.jpmeuropeandiscovery.co.uk

JPMorgan European Discovery Trust PLC is an investment trust company. Its objective is to achieve capital growth from smaller European companies (excluding the United Kingdom). In seeking to achieve this objective, the Company employs JPMorgan Funds Limited which, in turn, delegates portfolio management to JPMorgan Asset Management (UK) Limited to actively manage the company's assets. The investment policy emphasizes capital growth rather than income. It has a presence in the Netherlands, Sweden, Italy, Germany, France, Norway, Austria, Belgium, Switzerland, and Spain.

JPMorgan European Discovery Trust Headlines

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