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NMTAY (Neometals) 6-Month Share Buyback Ratio : -22.77% (As of Dec. 2024 )


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What is Neometals 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. Neometals's current 6-Month Share Buyback Ratio was -22.77%.

Competitive Comparison of Neometals's 6-Month Share Buyback Ratio

For the Waste Management subindustry, Neometals'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.

Neometals's 6-Month Share Buyback Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Neometals's 6-Month Share Buyback Ratio distribution charts can be found below:

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


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Neometals 6-Month Share Buyback Ratio Calculation

Neometals'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 )
=(62.675 - 76.943) / 62.675
=-22.77%

* 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.

Neometals  (OTCPK:NMTAY) 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.

Neometals 6-Month Share Buyback Ratio Related Terms

Neometals Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Neometals Ltd (OTCPK:NMTAY) » Definitions » 6-Month Share Buyback Ratio
Comparable Companies
ASX:CLG ASX:LIT WM RSG WCN XPAR:VIE GFL CLH CWST XMAD:FCC SHSE:603568 SZSE:002340 OSL:TOM SZSE:300779 ASX:CWY BSP:AMBP3 HKSE:00257 XBRU:UMI TSX:SES SZSE:300070
Traded in Other Exchanges
NMTAF:USA 9R9:Germany NMT:Australia
Address
1292 Hay Street, Level 1, Perth, WA, AUS, 6005
Website
https://www.neometals.com.au
Neometals Ltd has developed and is commercialising three environmentally-friendly processing technologies that produce critical and strategic battery materials. Across three business units, above-ground feedstocks are targeted for lithium-ion battery recycling, vanadium recovery and downstream lithium processing opportunities that support the energy transition. The technologies are being exploited as principal, in joint venture and licensed for royalties.