GURUFOCUS.COM » STOCK LIST » Technology » Software » Sportradar Group AG (NAS:SRAD) » Definitions » 6-Month Share Buyback Ratio

SRAD (Sportradar Group AG) 6-Month Share Buyback Ratio : 0.13% (As of Dec. 2024 )


View and export this data going back to 2021. Start your Free Trial

What is Sportradar Group AG 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. Sportradar Group AG's current 6-Month Share Buyback Ratio was 0.13%.


Competitive Comparison of Sportradar Group AG's 6-Month Share Buyback Ratio

For the Software - Application subindustry, Sportradar Group AG'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.


Sportradar Group AG's 6-Month Share Buyback Ratio Distribution in the Software Industry

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

* The bar in red indicates where Sportradar Group AG's 6-Month Share Buyback Ratio falls into.


;
;

Sportradar Group AG 6-Month Share Buyback Ratio Calculation

Sportradar Group AG'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 )
=(297.931 - 297.533) / 297.931
=0.13%

* 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.


Sportradar Group AG  (NAS:SRAD) 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.


Sportradar Group AG 6-Month Share Buyback Ratio Related Terms


Sportradar Group AG Business Description

Industry
Traded in Other Exchanges
Address
Feldlistrasse 2, St. Gallen, CHE, CH-9000
Sportradar Group AG is a technology platform enabling next-generation engagement in sports, and a provider of B2B solutions to the sports betting industry. It generates revenue through two primary sources: subscription-based revenue and revenue sharing. Geographically, it operates in North America, Africa, AsiaPac & Middle East, Europe, and LATAM & Caribbean.