GURUFOCUS.COM » STOCK LIST » Technology » Software » Cognizant Technology Solutions Corp (FRA:COZ) » Definitions » Buyback Yield %

Cognizant Technology Solutions (FRA:COZ) Buyback Yield % : 2.94 (As of May. 04, 2024)


View and export this data going back to . Start your Free Trial

What is Cognizant Technology Solutions 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.

Cognizant Technology Solutions's current buyback yield was 2.94%.


Cognizant Technology Solutions Buyback Yield % Historical Data

The historical data trend for Cognizant Technology Solutions'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.

Cognizant Technology Solutions Buyback Yield % Chart

Cognizant Technology Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buyback Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.69 3.80 1.65 4.97 2.87

Cognizant Technology Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.98 2.65 3.68 3.38 1.45

Competitive Comparison of Cognizant Technology Solutions's Buyback Yield %

For the Information Technology Services subindustry, Cognizant Technology Solutions'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.


Cognizant Technology Solutions's Buyback Yield % Distribution in the Software Industry

For the Software industry and Technology sector, Cognizant Technology Solutions's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Cognizant Technology Solutions's Buyback Yield % falls into.



Cognizant Technology Solutions Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Cognizant Technology Solutions'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
=- (-975.688 + 0) / 34008.42
=2.87%

Cognizant Technology Solutions's annualized Buyback Yield for the quarter that ended in Mar. 2024 is calculated as

Buyback Yield=Net Issuance of Stock(Annualized) / Market Cap
=- (Repurchase of Stock + Issuance of Stock) * Annualized Factor / Market Cap
=- (-122.36 + 0) * 4 / 33865.58
=1.45%

* 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 (Mar. 2024) data.


Cognizant Technology Solutions Buyback Yield % Related Terms

Thank you for viewing the detailed overview of Cognizant Technology Solutions's Buyback Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Cognizant Technology Solutions (FRA:COZ) Business Description

Traded in Other Exchanges
Address
300 Frank West Burr Boulevard, Suite 36, 6th Floor, Teaneck, NJ, USA, 07666
Cognizant is a global IT services provider, offering consulting and outsourcing services to some of the world's largest enterprises spanning the financial services, media and communications, healthcare, natural resources, and consumer products industries. Cognizant employs nearly 300,000 people globally, roughly 70% of whom are in India, although the company's headquarters are in Teaneck, New Jersey.

Cognizant Technology Solutions (FRA:COZ) Headlines

No Headlines