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Sixth Wave Innovations (XCNQ:SIXW) Buyback Yield % : -9.18 (As of May. 31, 2024)


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What is Sixth Wave Innovations 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.

Sixth Wave Innovations's current buyback yield was -9.18%.


Sixth Wave Innovations Buyback Yield % Historical Data

The historical data trend for Sixth Wave Innovations'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.

Sixth Wave Innovations Buyback Yield % Chart

Sixth Wave Innovations Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Buyback Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -47.19 -32.24 -32.75 -17.55 -15.75

Sixth Wave Innovations Quarterly Data
Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23
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 1.31 0.92 -2.60 - -0.15

Competitive Comparison of Sixth Wave Innovations's Buyback Yield %

For the Specialty Chemicals subindustry, Sixth Wave Innovations'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.


Sixth Wave Innovations's Buyback Yield % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sixth Wave Innovations's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Sixth Wave Innovations's Buyback Yield % falls into.



Sixth Wave Innovations Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Sixth Wave Innovations's Buyback Yield for the fiscal year that ended in Aug. 2022 is calculated as

Buyback Yield=Net Issuance of Stock / Market Cap
=- (Repurchase of Stock + Issuance of Stock) / Market Cap
=- (0 + 0.96) / 6.0943171529
=-15.75%

Sixth Wave Innovations's annualized Buyback Yield for the quarter that ended in May. 2023 is calculated as

Buyback Yield=Net Issuance of Stock(Annualized) / Market Cap
=- (Repurchase of Stock + Issuance of Stock) * Annualized Factor / Market Cap
=- (0 + 0.001) * 4 / 2.7338584723
=-0.15%

* 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 (May. 2023) data.


Sixth Wave Innovations Buyback Yield % Related Terms

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Sixth Wave Innovations (XCNQ:SIXW) Business Description

Traded in Other Exchanges
Address
210 Waterfront Drive Bedford, Suite 110, Nova Scotia, BC, CAN, B4A 0H3
Sixth Wave Innovations Inc is a nanotechnology company that uses patented Molecularly Imprinted Polymers (MIPs) for imprinting, capturing, and releasing substances at the molecular level. Its current products are in the process of commercialization in gold mining, cannabis production and health and security with rapid virus detection.

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