MIC Electronics (NSE:MICEL) 6-Month Share Buyback Ratio : 0.00% (As of Dec. 2024 )

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

Competitive Comparison of MIC Electronics's 6-Month Share Buyback Ratio

For the Electronic Components subindustry, MIC Electronics'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.

MIC Electronics's 6-Month Share Buyback Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, MIC Electronics's 6-Month Share Buyback Ratio distribution charts can be found below:

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

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MIC Electronics 6-Month Share Buyback Ratio Calculation

MIC Electronics'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 )
	=	(241.012	-	241.012)	/	241.012
	=	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.

MIC Electronics (NSE:MICEL) 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.

MIC Electronics 6-Month Share Buyback Ratio Related Terms

MIC Electronics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MIC Electronics Ltd (NSE:MICEL) » Definitions » 6-Month Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

532850:India

Address

Plot No. 192/B, Phase-II, IDA, Cherlapally, Rangareddi, Hyderabad, TG, IND, 500051

Website

https://www.mic.co.in

MIC Electronics Ltd designs, develops, and manufactures light-emitting diode (LED) video displays, and other electronic components. The operating segments of the group are LED products; Medical appliances and E Vehicles. Its products include LED lighting, LED displays, Oxygen concentrators, and Batteries. The company predominantly operates in India.

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