Meeka Metals (ASX:MEK) Buyback Yield % : -12.18 (As of Jun. 14, 2024)

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What is Meeka Metals Buyback Yield %?

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

Meeka Metals's current buyback yield was -12.18%.

Meeka Metals Buyback Yield % Historical Data

The historical data trend for Meeka Metals's Buyback Yield % can be seen below:

* 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.

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Meeka Metals Buyback Yield % Chart

Meeka Metals Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Buyback Yield %

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-31.44

0.04

-23.02

Meeka Metals Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Buyback Yield %	Get a 7-Day Free Trial															0.10	-	-23.02	-	-20.71

Competitive Comparison of Meeka Metals's Buyback Yield %

For the Gold subindustry, Meeka Metals's Buyback Yield %, along with its competitors' market caps and Buyback Yield % 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.

Meeka Metals's Buyback Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Meeka Metals's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Meeka Metals's Buyback Yield % falls into.

Meeka Metals Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Meeka Metals's Buyback Yield for the fiscal year that ended in Jun. 2023 is calculated as

Buyback Yield	=	Net Issuance of Stock			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	/	Market Cap
	=	- (-0.477	+	8.833)	/	36.29874
	=	-23.02%

Meeka Metals's annualized Buyback Yield for the quarter that ended in Dec. 2023 is calculated as

Buyback Yield	=	Net Issuance of Stock		(Annualized)			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	*	Annualized Factor	/	Market Cap
	=	- (-0.185	+	5.3)	*	2	/	49.3884
	=	-20.71%

In calculating the annualized semi-annual data, the Repurchase of Stock and Issuance of Stock data used here is two times the semi-annual (Dec. 2023) data.

Meeka Metals Buyback Yield % Related Terms

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Meeka Metals (ASX:MEK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Meeka Metals Ltd (ASX:MEK) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

1KX0:Germany

Address

46 Ventnor Avenue, Second Floor, West Perth, Perth, WA, AUS, 6005

Website

https://www.meekametals.com.au

Meeka Metals Ltd is gold and rare earths company with a portfolio of high quality 100% owned projects across Western Australia. The projects of the company include Murchison Gold Project, Circle Valley project, Cascade Rare Earth Project, Circle Valley Rare Earth Project and others.

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