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SpareBank 1 Ringerike Hadeland (OSL:RING) 6-Month Share Buyback Ratio : 0.31% (As of Dec. 2024 )


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What is SpareBank 1 Ringerike Hadeland 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. SpareBank 1 Ringerike Hadeland's current 6-Month Share Buyback Ratio was 0.31%.

Competitive Comparison of SpareBank 1 Ringerike Hadeland's 6-Month Share Buyback Ratio

For the Banks - Regional subindustry, SpareBank 1 Ringerike Hadeland'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.

SpareBank 1 Ringerike Hadeland's 6-Month Share Buyback Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 Ringerike Hadeland's 6-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where SpareBank 1 Ringerike Hadeland's 6-Month Share Buyback Ratio falls into.


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SpareBank 1 Ringerike Hadeland 6-Month Share Buyback Ratio Calculation

SpareBank 1 Ringerike Hadeland'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 )
=(15.621 - 15.572) / 15.621
=0.31%

* 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.

SpareBank 1 Ringerike Hadeland  (OSL:RING) 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.

SpareBank 1 Ringerike Hadeland 6-Month Share Buyback Ratio Related Terms

SpareBank 1 Ringerike Hadeland Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SpareBank 1 Ringerike Hadeland (OSL:RING) » Definitions » 6-Month Share Buyback Ratio
Comparable Companies
OSL:PARB OSL:SOAG OSL:MORG OSL:HELG OSL:SOR OSL:ROGS OSL:MOBA OSL:JAREN OSL:SPOG OSL:SNOR NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 SGX:D05 XPAR:BNP MIL:ISP MIL:UCG NSE:SBIN TSE:8411
Traded in Other Exchanges
0N01:UK
Address
Sondre Torv 6, Honefoss, NOR, 3510
Website
https://www.sparebank1.no
SpareBank 1 Ringerike Hadeland is a savings bank in Norway offering financing, placement, payment services, pensions, and life insurance. Its business is organized into two sections, personal and corporate market. The Bank serves less self-employed, agricultural, and business class customers as well. The Bank also provides credit cards, debit cards, structured products, stock savings, mobile banking and online banking services. The company has one segment, which is lending to finance commercial property, including lending that represents the joint debt of a condominium or housing association.