Oceana Lithium (ASX:OCN) Buyback Yield % : -108.74 (As of Jun. 19, 2024)

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What is Oceana Lithium 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.

Oceana Lithium's current buyback yield was -108.74%.

Oceana Lithium Buyback Yield % Historical Data

The historical data trend for Oceana Lithium'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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Oceana Lithium Buyback Yield % Chart

Oceana Lithium Annual Data

Trend

Dec21

Jun23

Buyback Yield %

1.23

Oceana Lithium Semi-Annual Data
	Dec22	Jun23	Dec23
Buyback Yield %	2.87	-	-78.88

Competitive Comparison of Oceana Lithium's Buyback Yield %

For the Other Industrial Metals & Mining subindustry, Oceana Lithium'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.

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

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

* The bar in red indicates where Oceana Lithium's Buyback Yield % falls into.

Oceana Lithium Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Oceana Lithium'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
	=	- (-0.323	+	0)	/	26.36322
	=	1.23%

Oceana Lithium'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
	=	- (-0.271	+	4.128)	*	2	/	9.77976
	=	-78.88%

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.

Oceana Lithium Buyback Yield % Related Terms

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Oceana Lithium (ASX:OCN) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Richardson Street, Level 1, West Perth, Perth, WA, AUS, 6005

Website

https://www.oceanalithium.com.au

Oceana Lithium Ltd is a mineral exploration and development company focused on the discovery and delineation of lithium mineral resources in two mining-friendly jurisdictions, the state of Ceara, Brazil, and the Northern Territory, Australia. It holds interest in the Solonopole lithium project in Brazil and the Napperby lithium project in Northern Territory.

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