Air Canada (LTS:0SE9) 6-Month Share Buyback Ratio : 5.20% (As of Dec. 2024 )

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What is Air Canada 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. Air Canada's current 6-Month Share Buyback Ratio was 5.20%.

Competitive Comparison of Air Canada's 6-Month Share Buyback Ratio

For the Airlines subindustry, Air Canada'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.

Air Canada's 6-Month Share Buyback Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Air Canada's 6-Month Share Buyback Ratio distribution charts can be found below:

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

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Air Canada 6-Month Share Buyback Ratio Calculation

Air Canada'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 )
	=	(358.493	-	339.839)	/	358.493
	=	5.20%

* 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.

Air Canada (LTS:0SE9) 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.

Air Canada 6-Month Share Buyback Ratio Related Terms

Air Canada Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air Canada (LTS:0SE9) » Definitions » 6-Month Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

ACDVF:USA ADH2:Germany AC:Canada ADH2:Bulgaria

Address

7373 Cote Vertu Boulevard West, Air Canada Centre, Saint-Laurent, QC, CAN, H4S 1Z3

Website

https://www.aircanada.com

Air Canada is Canada's largest airline, serving nearly 50 million passengers each year together with its low-cost subbrand, Rouge, and contracts for regional connection flights to its network. Air Canada is a sixth-freedom airline, which flies many US-based passengers on long-haul trips with a layover in Canada.

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