Signet Industries (NSE:SIGIND) 6-Month Share Buyback Ratio : 0.00% (As of Dec. 2024 )

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

Competitive Comparison of Signet Industries's 6-Month Share Buyback Ratio

For the Conglomerates subindustry, Signet Industries'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.

Signet Industries's 6-Month Share Buyback Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Signet Industries's 6-Month Share Buyback Ratio distribution charts can be found below:

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

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Signet Industries 6-Month Share Buyback Ratio Calculation

Signet Industries'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 )
	=	(29.437	-	29.437)	/	29.437
	=	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.

Signet Industries (NSE:SIGIND) 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.

Signet Industries 6-Month Share Buyback Ratio Related Terms

Signet Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Signet Industries Ltd (NSE:SIGIND) » Definitions » 6-Month Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

512131:India

Address

Smart Industrial Park, Plot no. 99, Near NATRIP, Pithampur, Dhar, MP, IND, 454775

Website

https://www.groupsignet.com

Signet Industries Ltd is engaged in the business of merchant trading of all kinds of polymers and other related products. It is also involved in manufacturing micro-irrigation systems, sprinkler pipes, agro fittings, and its allied products, household, and plastic molded furnitures. Its primary segments are Manufacturing, Windmill, and Trading. The Manufacturing segment, which generates maximum revenue, comprises the manufacturing of irrigation and plastic products. Its Windmill segment includes its wind turbine power unit, and the Trading segment involves the trading of polymers and plastic granules. Geographically, the company derives a majority of its revenue from its business in India and also caters to the international markets through exports.

Signet Industries Headlines

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