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Canadian Banc (Canadian Banc) Buyback Yield % : -117.66 (As of Jun. 21, 2024)


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What is Canadian Banc 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.

Canadian Banc's current buyback yield was -117.66%.


Canadian Banc Buyback Yield % Historical Data

The historical data trend for Canadian Banc'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.

Canadian Banc Buyback Yield % Chart

Canadian Banc Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Buyback Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.59 7.50 8.42 -68.44 -129.56

Canadian Banc Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 - -67.50 -77.35 -101.70 -146.60

Competitive Comparison of Canadian Banc's Buyback Yield %

For the Asset Management subindustry, Canadian Banc'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.


Canadian Banc's Buyback Yield % Distribution in the Asset Management Industry

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

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



Canadian Banc Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Canadian Banc's Buyback Yield for the fiscal year that ended in Nov. 2023 is calculated as

Buyback Yield=Net Issuance of Stock / Market Cap
=- (Repurchase of Stock + Issuance of Stock) / Market Cap
=- (0 + 249.911) / 192.893616
=-129.56%

Canadian Banc's annualized Buyback Yield for the quarter that ended in Nov. 2023 is calculated as

Buyback Yield=Net Issuance of Stock(Annualized) / Market Cap
=- (Repurchase of Stock + Issuance of Stock) * Annualized Factor / Market Cap
=- (0 + 141.391) * 2 / 192.893616
=-146.60%

* 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 semi-annual data, the Repurchase of Stock and Issuance of Stock data used here is two times the semi-annual (Nov. 2023) data.


Canadian Banc Buyback Yield % Related Terms

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Canadian Banc (Canadian Banc) Business Description

Traded in Other Exchanges
Address
200 Front Street West, Suite 2510, P.O. Box 51, Toronto, ON, CAN, M5V 3K2
Canadian Banc Corp is a Canadian-based company operating in the financial services sector. The Company invests in an actively managed portfolio of common shares comprised of 6 Canadian chartered banks. The Company employs an active covered call writing program to enhance the income earned from the portfolio.

Canadian Banc (Canadian Banc) Headlines

From GuruFocus

Canadian Banc Corp. Financial Results to November 30, 2022

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CANADIAN BANC CORP. Financial Results to May 31, 2021

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