Ceat (NSE:CEATLTD) 6-Month Share Buyback Ratio : 0.00% (As of Dec. 2024 )

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

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

For the Auto Parts subindustry, Ceat'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.

Ceat's 6-Month Share Buyback Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ceat's 6-Month Share Buyback Ratio distribution charts can be found below:

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

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Ceat 6-Month Share Buyback Ratio Calculation

Ceat'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 )
	=	(40.450	-	40.450)	/	40.450
	=	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.

Ceat (NSE:CEATLTD) 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.

Ceat 6-Month Share Buyback Ratio Related Terms

Ceat Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ceat Ltd (NSE:CEATLTD) » Definitions » 6-Month Share Buyback Ratio

Traded in Other Exchanges

500878:India

Address

463, Dr. Annie Besant Road, RPG House, Worli, Mumbai, MH, IND, 400030

Website

https://www.ceat.com

Ceat Ltd is a tyre manufacturer that operates within the RPG Group. It is engaged in the manufacturing and selling of automotive tyres, tubes, and flaps and has a diverse product portfolio encompassing truck tyres, tyres for off-the-road (OTR) vehicles, and light commercial vehicle categories. Tyres are built to meet a range of specifications, such as ride comfort and low noise for European regulation requirements, in addition to builds that permit higher life targets for more industrial use. Geographically, the company generates a majority of its revenue within India and also caters to international markets.

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