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Avantax (Avantax) Buyback Yield % : 35.24 (As of May. 05, 2024)


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What is Avantax 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.

Avantax's current buyback yield was 35.24%.


Avantax Buyback Yield % Historical Data

The historical data trend for Avantax'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.

Avantax Buyback Yield % Chart

Avantax Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Buyback Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.28 - - 2.85

Avantax Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - 107.66 24.64 3.85

Competitive Comparison of Avantax's Buyback Yield %

For the Asset Management subindustry, Avantax'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.


Avantax's Buyback Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Avantax's Buyback Yield % distribution charts can be found below:

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



Avantax Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Avantax'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
=- (-35 + 0) / 1227.45687
=2.85%

Avantax'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
=- (-9.073 + 0) * 4 / 941.52306
=3.85%

* 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.


Avantax Buyback Yield % Related Terms

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Avantax (Avantax) Business Description

Traded in Other Exchanges
N/A
Address
3200 Olympus Boulevard, Suite 100, Dallas, TX, USA, 75019
Avantax Inc is a provider of integrated tax-focused wealth management services and software, assisting consumers, small business owners, tax professionals, financial professionals, and certified public accounting firms. The firm has two distinct models in business: the independent Financial Professional model and the employee-based model. It refers to the independent Financial Professional model as Avantax Wealth Management offering services through its registered broker-dealer, registered investment advisor (RIA), and insurance agency subsidiaries. The employee-based model refers to Avantax Planning Partners offering services through its RIA and insurance agency by partnering with CPA firms to provide their consumer and small-business clients with financial planning and advisory services.
Executives
Stacy Murray officer: Principal Accounting Officer C/O FOGO DE CHAO, INC., 14881 QUORUM DR, SUITE 750, DALLAS TX 75254
Tabitha Bailey officer: Chief Legal Officer & Corp Sec 16803 DALLAS PARKWAY, ADDISON TX 75001
Kanayalal Amritlal Kotecha director 3200 OLYMPUS BLVD, SUITE 100, DALLAS TX 75019
Leaman J Richard Iii director C/O MOELIS & COMPANY, 399 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Mark A Ernst director 255 FISERV DRIVE, BROOKFIELD WI 53045
Georganne Proctor director 1 BELVEDERE PLACE, SUITE 300, MILL VALLEY CA 94941
Marc Mehlman officer: Chief Financial Officer 6333 NORTH STATE HIGHWAY 161, 4TH FLOOR, C/O BLUCORA, INC., IRVING TX 75038
Christopher William Walters director 10900 NE 8TH STREET, SUITE 800, BELLEVUE WA 98004
Tina Perry director 3200 OLYMPUS BLVD, SUITE 100, DALLAS TX 75019
Karthik Rao director 3200 OLYMPUS BLVD, SUITE 100, DALLAS TX 75019
Carol Hayles director C/O CIT GROUP, 1 CIT DRIVE, #3251-9, LIVINGSTON NJ 07039
Steven Aldrich director C/O GODADDY INC., 14455 N. HAYDEN RD. #219, SCOTTSDALE AZ 85260
John Macilwaine director 71 STEVENSON STREET, #300, SAN FRANCISCO CA 94105
Mimi Carsley officer: Interim CFO 6333 N. STATE HWY 161, 6TH FLOOR, IRVING TX 75038
Jana R Schreuder director 50 S LA SALLE ST, CHICAGO IL 60675