Topsports International Holdings (MEX:6110) 6-Month Share Buyback Ratio : 0.00% (As of Aug. 2024 )

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What is Topsports International Holdings 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. Topsports International Holdings's current 6-Month Share Buyback Ratio was 0.00%.

Competitive Comparison of Topsports International Holdings's 6-Month Share Buyback Ratio

For the Apparel Retail subindustry, Topsports International Holdings'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.

Topsports International Holdings's 6-Month Share Buyback Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Topsports International Holdings's 6-Month Share Buyback Ratio distribution charts can be found below:

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

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Topsports International Holdings 6-Month Share Buyback Ratio Calculation

Topsports International Holdings's 6-Month Share Buyback Ratio for the quarter that ended in Aug. 2024 is calculated as

6-Month Share Buyback Ratio	=	(Shares Outstanding (EOP) (Feb. 2024 )	-	Shares Outstanding (EOP) (Aug. 2024 ))	/	Shares Outstanding (EOP) (Feb. 2024 )
	=	(6201.222	-	6201.222)	/	6201.222
	=	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.

Topsports International Holdings (MEX:6110) 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.

Topsports International Holdings 6-Month Share Buyback Ratio Related Terms

Topsports International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Topsports International Holdings Ltd (MEX:6110) » Definitions » 6-Month Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

TPSRF:USA 06110:Hong Kong

Address

30-34 Kwai Wing Road, M1, 6th Floor, The Edge, Kwai Chung, Kowloon, New Territories, Hong Kong, HKG

Website

https://www.topsports.com.cn

Topsports is the largest sportswear retailer in China, generating the majority of its revenue from selling products of international sportswear brands. The business operates as an intermediary between brand owners and consumers seeking to buy sportswear. The firm operates more than 6,500 stores directly as of the end of fiscal 2023, and most of these "single-brand" stores have been opened under the names of sportswear brands that it partners with, such as Nike and Adidas. In addition to these two sportswear giants, Topsports also has partnerships with sportswear brands such as Puma, Li Ning, Asics, and The North Face. While most of Topsports' sales take place in stores, the firm also operates online shops under the Topsports brand on major e-commerce platforms such as Alibaba and JD.com.

Topsports International Holdings Headlines

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