Online Blockchain (LSE:OBC) 6-Month Share Buyback Ratio : 0.00% (As of Jun. 2023 )

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

Competitive Comparison of Online Blockchain's 6-Month Share Buyback Ratio

For the Software - Application subindustry, Online Blockchain'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.

Online Blockchain's 6-Month Share Buyback Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Online Blockchain's 6-Month Share Buyback Ratio distribution charts can be found below:

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

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Online Blockchain 6-Month Share Buyback Ratio Calculation

Online Blockchain's 6-Month Share Buyback Ratio for the quarter that ended in Jun. 2023 is calculated as

6-Month Share Buyback Ratio	=	(Shares Outstanding (EOP) (Dec. 2022 )	-	Shares Outstanding (EOP) (Jun. 2023 ))	/	Shares Outstanding (EOP) (Dec. 2022 )
	=	(15.670	-	15.670)	/	15.670
	=	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.

Online Blockchain (LSE:OBC) 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.

Online Blockchain 6-Month Share Buyback Ratio Related Terms

Online Blockchain Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Online Blockchain PLC (LSE:OBC) » Definitions » 6-Month Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

85 Great Portland Street, 1st Floor, London, GBR, W1W 7LT

Website

https://www.onlineblockchain.io

Online Blockchain PLC works as an incubator and investor in internet and information businesses. The company is currently focusing on blockchain technology development. Its business model is to establish new blockchain-related ventures, using the company's in-house technical expertise and working with partners to create customer demand and interest in the company's projects. It operates in two reportable segments including the provision of management services and others. It derives revenue from the provision of management services.

Online Blockchain Headlines

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