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Wonderful Hi-Tech Co (ROCO:6190) 6-Month Share Buyback Ratio : -2.91% (As of Dec. 2024 )


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What is Wonderful Hi-Tech Co 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. Wonderful Hi-Tech Co's current 6-Month Share Buyback Ratio was -2.91%.

Competitive Comparison of Wonderful Hi-Tech Co's 6-Month Share Buyback Ratio

For the Communication Equipment subindustry, Wonderful Hi-Tech Co'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.

Wonderful Hi-Tech Co's 6-Month Share Buyback Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wonderful Hi-Tech Co's 6-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Wonderful Hi-Tech Co's 6-Month Share Buyback Ratio falls into.


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Wonderful Hi-Tech Co 6-Month Share Buyback Ratio Calculation

Wonderful Hi-Tech Co'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 )
=(155.512 - 160.045) / 155.512
=-2.91%

* 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.

Wonderful Hi-Tech Co  (ROCO:6190) 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.

Wonderful Hi-Tech Co 6-Month Share Buyback Ratio Related Terms

Wonderful Hi-Tech Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wonderful Hi-Tech Co Ltd (ROCO:6190) » Definitions » 6-Month Share Buyback Ratio
Comparable Companies
ROCO:4908 ROCO:8059 ROCO:7812 TPE:3047 TPE:3138 TPE:6416 ROCO:8097 TPE:3447 TPE:2485 ROCO:6546 CSCO MSI SHSE:601138 OHEL:NOKIA OSTO:ERIC B SZSE:000063 HPE UI SZSE:300308 ZBRA
Traded in Other Exchanges
N/A
Address
No. 17, Beiyuan Road, Zhongli District, Taoyuan, TWN, 24891
Website
https://www.wontex.com
Wonderful Hi-Tech Co Ltd is engaged in the manufacturing, processing, purchase and sales and import/export business of various types of wires and cables. It offers LAN cable, copper system, FTTH solution, RF coaxial cables, Ultra Fine Wire, Hook-up Wire, Automotive wire, and Computer Cable.

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