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Cogeco Communications (STU:COG) 6-Month Share Buyback Ratio : -0.21% (As of Feb. 2025 )


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What is Cogeco Communications 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. Cogeco Communications's current 6-Month Share Buyback Ratio was -0.21%.


Competitive Comparison of Cogeco Communications's 6-Month Share Buyback Ratio

For the Telecom Services subindustry, Cogeco Communications'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.


Cogeco Communications's 6-Month Share Buyback Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cogeco Communications's 6-Month Share Buyback Ratio distribution charts can be found below:

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


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Cogeco Communications 6-Month Share Buyback Ratio Calculation

Cogeco Communications's 6-Month Share Buyback Ratio for the quarter that ended in Feb. 2025 is calculated as

6-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Aug. 2024 ) - Shares Outstanding (EOP) (Feb. 2025 )) / Shares Outstanding (EOP) (Aug. 2024 )
=(42.024 - 42.111) / 42.024
=-0.21%

* 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.


Cogeco Communications  (STU:COG) 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.


Cogeco Communications 6-Month Share Buyback Ratio Related Terms


Cogeco Communications Business Description

Traded in Other Exchanges
Address
1 Place Ville Marie, Suite 3301, Montreal, QC, CAN, H3B 0B3
Cogeco Communications is a telecom service provider in Canada and the US, specifically in rural and suburban geographies. It offers wireline services such as broadband internet, TV, and landline phone services. In Canada, the firm operates under its Cogeco Connexion and oxio brands, reaching roughly 2.1 million homes and businesses throughout Ontario and Quebec. In the US, Cogeco operates under its Breezeline brand throughout the East Coast, Pennsylvania, and Ohio, reaching 1.8 million homes and businesses. Cogeco is expanding its offerings to include consumer wireless services, operating as a mobile virtual network operator, or MVNO.

Cogeco Communications Headlines

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