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The Nihon Seima Co (TSE:3306) 6-Month Share Buyback Ratio : 0.00% (As of Sep. 2024 )


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What is The Nihon Seima 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. The Nihon Seima Co's current 6-Month Share Buyback Ratio was 0.00%.

Competitive Comparison of The Nihon Seima Co's 6-Month Share Buyback Ratio

For the Conglomerates subindustry, The Nihon Seima 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.

The Nihon Seima Co's 6-Month Share Buyback Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, The Nihon Seima Co's 6-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where The Nihon Seima Co's 6-Month Share Buyback Ratio falls into.


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The Nihon Seima Co 6-Month Share Buyback Ratio Calculation

The Nihon Seima Co's 6-Month Share Buyback Ratio for the quarter that ended in Sep. 2024 is calculated as

6-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Mar. 2024 ) - Shares Outstanding (EOP) (Sep. 2024 )) / Shares Outstanding (EOP) (Mar. 2024 )
=(3.666 - 3.666) / 3.666
=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.

The Nihon Seima Co  (TSE:3306) 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.

The Nihon Seima Co 6-Month Share Buyback Ratio Related Terms

The Nihon Seima Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » The Nihon Seima Co Ltd (TSE:3306) » Definitions » 6-Month Share Buyback Ratio
Comparable Companies
TSE:7827 TSE:7571 TSE:6578 TSE:4840 TSE:267A TSE:4241 TSE:2388 TSE:9849 TSE:9760 TSE:150A ADX:IHC HON TSE:6501 MMM TSE:8058 TSE:8001 TSE:8031 HKSE:00267 ADX:ALPHADHABI TSE:8053
Traded in Other Exchanges
N/A
Address
Shinko Building, 8, Kaigandori, Chuo-ku, Kobe, JPN, 650-0024
Website
http://www.nihonseima.co.jp
The Nihon Seima Co Ltd is engaged in the manufacture and sale of industrial materials and food products in Japan. It operates through the following business divisions: The Industrial Materials division offers jute products, packaging materials, and others. The Mat division is involved in the manufacture and sale of automobile floor mats and others. The Food divisions is engaged in the production and processing of spaghetti, sauce, and others.

The Nihon Seima Co Headlines

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