Summit Networks (Summit Networks) Buyback Yield % : -1.48 (As of May. 25, 2024)

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What is Summit Networks 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.

Summit Networks's current buyback yield was -1.48%.

Summit Networks Buyback Yield % Historical Data

The historical data trend for Summit Networks'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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Summit Networks Buyback Yield % Chart

Summit Networks Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Sep21

Sep22

Sep23

Buyback Yield %

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-2.72

Summit Networks Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Buyback Yield %	Get a 7-Day Free Trial															-	-	-	-	-8.99

Competitive Comparison of Summit Networks's Buyback Yield %

For the Furnishings, Fixtures & Appliances subindustry, Summit Networks'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.

Summit Networks's Buyback Yield % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Summit Networks's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Summit Networks's Buyback Yield % falls into.

Summit Networks Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Summit Networks's Buyback Yield for the fiscal year that ended in Sep. 2023 is calculated as

Buyback Yield	=	Net Issuance of Stock			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	/	Market Cap
	=	- (0	+	0.2)	/	7.3504872
	=	-2.72%

Summit Networks's annualized Buyback Yield for the quarter that ended in Mar. 2024 is calculated as

Buyback Yield	=	Net Issuance of Stock		(Annualized)			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	*	Annualized Factor	/	Market Cap
	=	- (0	+	0.2)	*	4	/	8.90296417
	=	-8.99%

In calculating the annualized quarterly data, the Repurchase of Stock and Issuance of Stock data used here is four times the quarterly (Mar. 2024) data.

Summit Networks Buyback Yield % Related Terms

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Summit Networks (Summit Networks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Summit Networks Inc (OTCPK:SNTW) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3010-8888 Odlin Cresent, Richmond, BC, CAN, V6X 3Z8

Website

https://www.sumnets.com

Summit Networks Inc was engaged in the development and operation of a business engaged in the distribution of glass craft products produced in China. It is looking for new business opportunities. Currently, The company is in the early stage of development of Its new business plan which involves acting as an international agent through Their wholly-owned subsidiaries, Smith Barney, Green Energy, and Beijing ALW.

Executives

Chi Ming Tso	10 percent owner	3A, KINGSWELL COMMERCIAL TOWER,, 171-173 LOCKHART RD., WANCHAI, HONG KONG K3 HKG
Keun Harry Cheung	10 percent owner	ROOM 1006, 10/F TIAN GARDEN, LIN HE EAST, GUANGDONG F4 00000
Hang Dennis Cheung	10 percent owner	FLAT H, 5/F, BLOCK 2, WHAMPOA GARDEN, BAUHINIA MANSIONS, KOWLOON K3 00000
Yee Man Cheung	10 percent owner	RM 1709, NORTH TOWER, ZHONGZHOU CENTRE, 1068 EAST XINGANG AVENUE,HAIZHU DISTRICT, GUANGDONG PROVINCE F4 00000
Qiuli Chen	director	1709 NORTH TOWER ZHONGZHOU CENTRE, 1068 EAST ROAD HAIZU DISTRICT, GUANGZHOU, GUANGDONG F4 00000
Riggs Cheung	director, officer: President	41 BOBOLINK LANE, LEVITTOWN NY 11756

Summit Networks (Summit Networks) Headlines

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