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Quest PharmaTech (TSXV:QPT) 6-Month Share Buyback Ratio : 0.00% (As of Oct. 2024 )


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What is Quest PharmaTech 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. Quest PharmaTech's current 6-Month Share Buyback Ratio was 0.00%.


Competitive Comparison of Quest PharmaTech's 6-Month Share Buyback Ratio

For the Biotechnology subindustry, Quest PharmaTech'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.


Quest PharmaTech's 6-Month Share Buyback Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Quest PharmaTech's 6-Month Share Buyback Ratio distribution charts can be found below:

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


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Quest PharmaTech 6-Month Share Buyback Ratio Calculation

Quest PharmaTech's 6-Month Share Buyback Ratio for the quarter that ended in Oct. 2024 is calculated as

6-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Apr. 2024 ) - Shares Outstanding (EOP) (Oct. 2024 )) / Shares Outstanding (EOP) (Apr. 2024 )
=(169.129 - 169.129) / 169.129
=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.


Quest PharmaTech  (TSXV:QPT) 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.


Quest PharmaTech 6-Month Share Buyback Ratio Related Terms


Quest PharmaTech Business Description

Traded in Other Exchanges
N/A
Address
8123 Roper Road NW, Edmonton, AB, CAN, T6E 6S4
Quest PharmaTech Inc is a Canadian-based pharmaceutical company developing targeted cancer therapy with its lead product MAb AR9.6, under development for a novel target- truncated O-glycans on MUC16 discovered at the University of Nebraska Medical Center. The company is also developing products utilizing proprietary transdermal delivery technologies with a focus on dermatology and wound healing applications.
Executives
Ragupathy Madiyalakan Director
William John Meekison Director

Quest PharmaTech Headlines

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