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Avis Budget Group (MEX:CAR) 6-Month Share Buyback Ratio : 1.82% (As of Dec. 2024 )


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What is Avis Budget Group 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. Avis Budget Group's current 6-Month Share Buyback Ratio was 1.82%.

Competitive Comparison of Avis Budget Group's 6-Month Share Buyback Ratio

For the Rental & Leasing Services subindustry, Avis Budget Group'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.

Avis Budget Group's 6-Month Share Buyback Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Avis Budget Group's 6-Month Share Buyback Ratio distribution charts can be found below:

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


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Avis Budget Group 6-Month Share Buyback Ratio Calculation

Avis Budget Group'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 )
=(35.647 - 35.000) / 35.647
=1.82%

* 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.

Avis Budget Group  (MEX:CAR) 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.

Avis Budget Group 6-Month Share Buyback Ratio Related Terms

Avis Budget Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Avis Budget Group Inc (MEX:CAR) » Definitions » 6-Month Share Buyback Ratio
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Traded in Other Exchanges
CAR:USA 0HK4:UK CUCA:Germany CUCA:Germany CAR:Argentina
Address
379 Interpace Parkway, Parsippany, NJ, USA, 07054
Website
https://www.avisbudgetgroup.com
Avis Budget Group Inc is a provider of automotive vehicle rental and car-sharing services. Its brands include Avis, Budget, and Zipcar. Avis is targeted to serve the premium commercial and leisure segments of the travel industry, while Budget is focused on value-conscious customers. The company operates its own network of rental locations and licenses its brands to franchisees. Zipcar is a car-sharing service that allows members to use the company-owned Zipcar fleet at an hourly rate. The company's largest region by revenue is the Americas.