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Emirates Driving Co PJSC (ADX:DRIVE) Buyback Yield % : 0.00 (As of May. 16, 2024)


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What is Emirates Driving Co PJSC 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.

Emirates Driving Co PJSC's current buyback yield was 0.00%.


Emirates Driving Co PJSC Buyback Yield % Historical Data

The historical data trend for Emirates Driving Co PJSC'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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Emirates Driving Co PJSC Buyback Yield % Chart

Emirates Driving Co PJSC Annual Data
Trend Dec12 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Buyback Yield %
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Emirates Driving Co PJSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Emirates Driving Co PJSC's Buyback Yield %

For the Education & Training Services subindustry, Emirates Driving Co PJSC'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.


Emirates Driving Co PJSC's Buyback Yield % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Emirates Driving Co PJSC's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Emirates Driving Co PJSC's Buyback Yield % falls into.



Emirates Driving Co PJSC Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Emirates Driving Co PJSC's Buyback Yield for the fiscal year that ended in Dec. 2022 is calculated as

Buyback Yield=Net Issuance of Stock / Market Cap
=- (Repurchase of Stock + Issuance of Stock) / Market Cap
=- (0 + 0) / 2388.3209
=0.00%

Emirates Driving Co PJSC's annualized Buyback Yield for the quarter that ended in Sep. 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) * 4 / 2402.67336
=0.00%

* 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 (Sep. 2023) data.


Emirates Driving Co PJSC Buyback Yield % Related Terms

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Emirates Driving Co PJSC (ADX:DRIVE) Business Description

Traded in Other Exchanges
N/A
Address
Street no. 17 Mussaffah Industrial Area, Abu Dhabi, ARE
Emirates Driving Co PJSC is the driver's training and road safety institute in Abu Dhabi. The company and its subsidiaries are engaged in the management and development of motor vehicle driving training and services. The company offers these services to the national and expatriates living in the country. The firm generates its revenue from training and testing services.

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