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Solasto (TSE:6197) 6-Month Share Buyback Ratio : -0.10% (As of Dec. 2024 )


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What is Solasto 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. Solasto's current 6-Month Share Buyback Ratio was -0.10%.


Competitive Comparison of Solasto's 6-Month Share Buyback Ratio

For the Medical Care Facilities subindustry, Solasto'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.


Solasto's 6-Month Share Buyback Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Solasto's 6-Month Share Buyback Ratio distribution charts can be found below:

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


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Solasto 6-Month Share Buyback Ratio Calculation

Solasto'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 )
=(92.174 - 92.268) / 92.174
=-0.10%

* 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.


Solasto  (TSE:6197) 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.


Solasto 6-Month Share Buyback Ratio Related Terms


Solasto Business Description

Traded in Other Exchanges
N/A
Address
1-7-18 Konan, Minato-ku, Tokyo, JPN, 108-8210
Solasto Corp is engaged in providing medical outsourcing business, long-term care and child care business and others.

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