Nippon Souken Co (TSE:5840) 6-Month Share Buyback Ratio : 0.00% (As of Nov. 2024 )

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What is Nippon Souken 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. Nippon Souken Co's current 6-Month Share Buyback Ratio was 0.00%.

Competitive Comparison of Nippon Souken Co's 6-Month Share Buyback Ratio

For the Insurance Brokers subindustry, Nippon Souken 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.

Nippon Souken Co's 6-Month Share Buyback Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Nippon Souken Co's 6-Month Share Buyback Ratio distribution charts can be found below:

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

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Nippon Souken Co 6-Month Share Buyback Ratio Calculation

Nippon Souken Co's 6-Month Share Buyback Ratio for the quarter that ended in Nov. 2024 is calculated as

6-Month Share Buyback Ratio	=	(Shares Outstanding (EOP) (May. 2024 )	-	Shares Outstanding (EOP) (Nov. 2024 ))	/	Shares Outstanding (EOP) (May. 2024 )
	=	(0.665	-	0.665)	/	0.665
	=	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.

Nippon Souken Co (TSE:5840) 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.

Nippon Souken Co 6-Month Share Buyback Ratio Related Terms

Nippon Souken Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Nippon Souken Co Ltd (TSE:5840) » Definitions » 6-Month Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-1 Sunport, Takamatsu Symbol Tower 9th floor, Kagawa Prefecture, Takamatsu, JPN, 760-0019

Website

https://www.iba-ns.com

Nippon Souken Co Ltd is an insurance broker authorized by the Financial Services Agency to specialize in risk and insurance. The company provides a one-stop solution to the problems faced by insurance representatives.

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