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OC (Owens-Corning) 6-Month Share Buyback Ratio : 1.70% (As of Dec. 2024 )


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What is Owens-Corning 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. Owens-Corning's current 6-Month Share Buyback Ratio was 1.70%.

Competitive Comparison of Owens-Corning's 6-Month Share Buyback Ratio

For the Building Products & Equipment subindustry, Owens-Corning'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.

Owens-Corning's 6-Month Share Buyback Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Owens-Corning's 6-Month Share Buyback Ratio distribution charts can be found below:

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


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Owens-Corning 6-Month Share Buyback Ratio Calculation

Owens-Corning'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 )
=(86.857 - 85.384) / 86.857
=1.70%

* 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.

Owens-Corning  (NYSE:OC) 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.

Owens-Corning 6-Month Share Buyback Ratio Related Terms

Owens-Corning Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Owens-Corning Inc (NYSE:OC) » Definitions » 6-Month Share Buyback Ratio
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BLDR MAS CSL WMS FBIN AZEK LPX AAON TREX AWI TT CARR JCI XPAR:SGO TSE:6367 XSWX:GEBN LII DUB:KRX OCSE:ROCK A OSTO:NIBE B
Traded in Other Exchanges
O5Q:Germany O5Q:Germany
Address
One Owens Corning Parkway, Toledo, OH, USA, 43659
Website
https://www.owenscorning.com
Owens-Corning Inc is a manufacturer of glass fiber utilized in composites and building materials. It has an integrated business model with four reportable segments: Composites, Insulation, Doors, and Roofing. It generates maximum revenue from the Roofing segment. Its Roofing segment laminate and strip asphalt roofing shingles, roofing components, synthetic packaging materials, and oxidized asphalt. It meets the growing demand for longer-lasting, aesthetically attractive laminate products with modest capital investment. Geographically the company generates the majority of its revenue from the United States.
Executives
W Howard Morris director 1538 STRATHCONA, DETROIT MI 48203
Jose Mendez-andino officer: EVP, Chief R&D Officer ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Todd W Fister officer: President, Insulation ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Gina A. Beredo officer: EVP, GC and Secretary C/O OWENS CORNING, ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Monaco Nicolas Del officer: President, Insulation ONE OWENS CORNING PKWY, TOLEDO OH 43659
Gunner Smith officer: President, Roofing ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Marcio A Sandri officer: President, Composites ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Mari Doerfler officer: Vice President and Controller ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Paula Russell officer: SVP, Chief HR Officer ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Brian Chambers officer: President, Roofing and Asphalt ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Kelly Schmidt officer: Vice President and Controller ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Daniel T Smith officer: Sr. VP Organization & Admin OWENS CORNING, ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Paul Edward Martin director C/O UNISYS CORPORATION, 801 LAKEVIEW DRIVE, SUITE 100, BLUE BELL PA 19422
Alfred E Festa director
Kenneth Scott Parks officer: Sr. VP&Chief Financial Officer ONE OWENS CORNING PARKWAY, TOLEDO OH 43659