Tolu Minerals (ASX:TOK) Buyback Yield % : -24.13 (As of May. 26, 2024)

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What is Tolu Minerals 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.

Tolu Minerals's current buyback yield was -24.13%.

Tolu Minerals Buyback Yield % Historical Data

The historical data trend for Tolu Minerals'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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Tolu Minerals Buyback Yield % Chart

Tolu Minerals Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Buyback Yield %

-27.64

Tolu Minerals Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Buyback Yield %	-	-	-	-27.64

Competitive Comparison of Tolu Minerals's Buyback Yield %

For the Other Precious Metals & Mining subindustry, Tolu Minerals'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.

Tolu Minerals's Buyback Yield % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Tolu Minerals's Buyback Yield % falls into.

Tolu Minerals Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Tolu Minerals'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
	=	- (-1.446	+	17.336)	/	57.4815
	=	-27.64%

Tolu Minerals'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
	=	- (-1.446	+	17.336)	*	1	/	57.4815
	=	-27.64%

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

Tolu Minerals Buyback Yield % Related Terms

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Tolu Minerals (ASX:TOK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tolu Minerals Ltd (ASX:TOK) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 5, Ground Floor, Turumu Haus, Spring Garden, Gordons, Moresby North East, Port Moresby, PNG, 121

Website

https://www.toluminerals.com

Tolu Minerals Ltd is an emerging exploration company with rights to three significant gold and silver and copper resource opportunities in PNG. Its projects include the Tolukuma Gold Mine, the Tolukuma Gold Mine, and the Mt Penck Tenement.