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Grupo SimecB de CV (Grupo SimecB de CV) Buyback Yield % : 0.11 (As of Apr. 29, 2024)


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What is Grupo SimecB de CV 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.

Grupo SimecB de CV's current buyback yield was 0.11%.


Grupo SimecB de CV Buyback Yield % Historical Data

The historical data trend for Grupo SimecB de CV'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.

* Premium members only.

Grupo SimecB de CV Buyback Yield % Chart

Grupo SimecB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buyback Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.11 0.09 0.09 0.11

Grupo SimecB de CV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Buyback Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.04 0.14 0.13 0.10

Competitive Comparison of Grupo SimecB de CV's Buyback Yield %

For the Steel subindustry, Grupo SimecB de CV'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.


Grupo SimecB de CV's Buyback Yield % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Grupo SimecB de CV's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Grupo SimecB de CV's Buyback Yield % falls into.



Grupo SimecB de CV Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Grupo SimecB de CV's Buyback Yield for the fiscal year that ended in Dec. 2023 is calculated as

Buyback Yield=Net Issuance of Stock / Market Cap
=- (Repurchase of Stock + Issuance of Stock) / Market Cap
=- (-5.246 + 0) / 4796.90715
=0.11%

Grupo SimecB de CV'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
=- (-1.152 + 0) * 4 / 4796.90715
=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.

In calculating the annualized quarterly data, the Repurchase of Stock and Issuance of Stock data used here is four times the quarterly (Dec. 2023) data.


Grupo SimecB de CV Buyback Yield % Related Terms

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Grupo SimecB de CV (Grupo SimecB de CV) Business Description

Traded in Other Exchanges
Address
Calzada Lazaro Cardenas 601, Colonia La Nogalera, Guadalajara, JAL, MEX, 44440
Grupo Simec SAB de CV is a diversified manufacturer, processor, and distributor of special bar quality, or SBQ, steel, and structural steel products. The United States, Brazil, and Mexico are the biggest markets for the company. The company's SBQ products are used across a broad range of engineered end-user applications, including axles, hubs, and crankshafts for automobiles and light trucks, machine tools, and off-highway equipment. The company's structural steel products are mainly used in the non-residential construction market and other construction applications.