Minesto AB (OSTO:MINEST) 6-Month Share Buyback Ratio : 0.00% (As of Dec. 2024 )

View and export this data going back to 2015. Start your Free Trial

What is Minesto AB 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. Minesto AB's current 6-Month Share Buyback Ratio was 0.00%.

Competitive Comparison of Minesto AB's 6-Month Share Buyback Ratio

For the Utilities - Renewable subindustry, Minesto AB'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.

Minesto AB's 6-Month Share Buyback Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Minesto AB's 6-Month Share Buyback Ratio distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Minesto AB 6-Month Share Buyback Ratio Calculation

Minesto AB'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 )
	=	(194.116	-	194.116)	/	194.116
	=	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.

Minesto AB (OSTO:MINEST) 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.

Minesto AB 6-Month Share Buyback Ratio Related Terms

Minesto AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Minesto AB (OSTO:MINEST) » Definitions » 6-Month Share Buyback Ratio

Traded in Other Exchanges

7MN:Germany

Address

Vita gavelns vag 6, Vastra Frolunda, Gothenburg, SWE, 42671

Website

http://www.minesto.com

Minesto AB is a Sweden based company engaged in the production of tidal energy from the oceans. The main sources of the ocean energy include Tidal streams, Ocean currents, Tidal range (rise and fall), Waves, Ocean thermal energy and Salinity gradients.

Minesto AB Headlines

No Headlines