Tracxn Technologies (NSE:TRACXN) 6-Month Share Buyback Ratio : -1.62% (As of Dec. 2024 )

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What is Tracxn Technologies 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. Tracxn Technologies's current 6-Month Share Buyback Ratio was -1.62%.

Competitive Comparison of Tracxn Technologies's 6-Month Share Buyback Ratio

For the Software - Application subindustry, Tracxn Technologies'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.

Tracxn Technologies's 6-Month Share Buyback Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Tracxn Technologies's 6-Month Share Buyback Ratio distribution charts can be found below:

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

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Tracxn Technologies 6-Month Share Buyback Ratio Calculation

Tracxn Technologies'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 )
	=	(104.109	-	105.792)	/	104.109
	=	-1.62%

* 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.

Tracxn Technologies (NSE:TRACXN) 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.

Tracxn Technologies 6-Month Share Buyback Ratio Related Terms

Tracxn Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tracxn Technologies Ltd (NSE:TRACXN) » Definitions » 6-Month Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

543638:India

Address

17th Cross, Sector 6, HSR Layout, No. L-248, 2nd Floor, Bengaluru, KA, IND, 560102

Website

https://www.tracxn.com

Tracxn Technologies Ltd provides a market intelligence platform providing data and software for private companies. The company's extensive database and customized solutions and features allow its customers to source and track companies across sectors and geographies to address requirements. It offers private company data to its customers for deal sourcing, identifying M&A targets, deal diligence, analysis, and tracking emerging themes across industries and markets, among other uses, through its Tracxn platform on a subscription basis. Geographically the company generates its revenue from India, the United States of America, and other countries.

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