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Petroleo Brasileiro Petrobras (XBUL:PJXA) 6-Month Share Buyback Ratio : 0.00% (As of Dec. 2024 )


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What is Petroleo Brasileiro Petrobras 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. Petroleo Brasileiro Petrobras's current 6-Month Share Buyback Ratio was 0.00%.


Competitive Comparison of Petroleo Brasileiro Petrobras's 6-Month Share Buyback Ratio

For the Oil & Gas Integrated subindustry, Petroleo Brasileiro Petrobras'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.


Petroleo Brasileiro Petrobras's 6-Month Share Buyback Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Petroleo Brasileiro Petrobras's 6-Month Share Buyback Ratio distribution charts can be found below:

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


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Petroleo Brasileiro Petrobras 6-Month Share Buyback Ratio Calculation

Petroleo Brasileiro Petrobras'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 )
=(6444.366 - 6444.366) / 6444.366
=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.


Petroleo Brasileiro Petrobras  (XBUL:PJXA) 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.


Petroleo Brasileiro Petrobras 6-Month Share Buyback Ratio Related Terms


Petroleo Brasileiro Petrobras Business Description

Address
Avenida Henrique Valadares, Rio de Janeiro, RJ, BRA, 28-20231-030
Petrobras is a Brazil-based integrated energy company controlled by the Brazilian government. The company focuses on exploration and production of oil and gas in Brazilian offshore fields. Production in 2024 was 2.7 million barrels of oil equivalent a day (80% oil production), and reserves stood at 10.9 billion boe (85% oil). At end-2023, Petrobras operated 10 refineries in Brazil with capacity of 1.8 million barrels a day and distributes refined products and natural gas throughout Brazil.

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