CJ Bioscience (XKRX:311690) 6-Month Share Buyback Ratio : -43.37% (As of Dec. 2024 )

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What is CJ Bioscience 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. CJ Bioscience's current 6-Month Share Buyback Ratio was -43.37%.

Competitive Comparison of CJ Bioscience's 6-Month Share Buyback Ratio

For the Biotechnology subindustry, CJ Bioscience'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.

CJ Bioscience's 6-Month Share Buyback Ratio Distribution in the Biotechnology Industry

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

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

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CJ Bioscience 6-Month Share Buyback Ratio Calculation

CJ Bioscience'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 )
	=	(9.113	-	13.065)	/	9.113
	=	-43.37%

* 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.

CJ Bioscience (XKRX:311690) 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.

CJ Bioscience 6-Month Share Buyback Ratio Related Terms

CJ Bioscience Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » CJ Bioscience Inc (XKRX:311690) » Definitions » 6-Month Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

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Address

7th floor, Grand Central Building B, 14 Sejong-Daero, Jung-gu, Seoul, KOR

Website

https://www.cjbioscience.com

CJ Bioscience Inc is engaged in directing a healthy life based on microbiological research. It presents directions and solutions to all fields of research on the microbiome, such as academia in the bioinformatics field, R&D centers of hospitals and research institutes, and NGS (next-generation sequencing) service companies. Its services includes NGS, EZBioCloud, Healthcare among others.

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