Spear REIT (JSE:SEA) Buyback Yield % : 1.71 (As of Jun. 23, 2024)

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What is Spear REIT 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.

Spear REIT's current buyback yield was 1.71%.

Spear REIT Buyback Yield % Historical Data

The historical data trend for Spear REIT'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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Spear REIT Buyback Yield % Chart

Spear REIT Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Buyback Yield %

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-6.30

1.87

-11.54

4.53

1.78

Spear REIT Semi-Annual Data
	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Buyback Yield %	Get a 7-Day Free Trial										6.48	3.10	5.10	3.53	0.88

Competitive Comparison of Spear REIT's Buyback Yield %

For the REIT - Diversified subindustry, Spear REIT'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.

Spear REIT's Buyback Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Spear REIT's Buyback Yield % distribution charts can be found below:

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

Spear REIT Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Spear REIT's Buyback Yield for the fiscal year that ended in Feb. 2024 is calculated as

Buyback Yield	=	Net Issuance of Stock			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	/	Market Cap
	=	- (-41.525	+	2.948)	/	2171.7181
	=	1.78%

Spear REIT's annualized Buyback Yield for the quarter that ended in Feb. 2024 is calculated as

Buyback Yield	=	Net Issuance of Stock		(Annualized)			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	*	Annualized Factor	/	Market Cap
	=	- (-7.873	+	-1.691)	*	2	/	2171.7181
	=	0.88%

In calculating the annualized semi-annual data, the Repurchase of Stock and Issuance of Stock data used here is two times the semi-annual (Feb. 2024) data.

Spear REIT Buyback Yield % Related Terms

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Spear REIT (JSE:SEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Spear REIT Ltd (JSE:SEA) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Long Street, PO Box 50, 16th Floor, Cape Town, ZAF, 8001

Website

https://www.spearprop.co.za

Spear REIT Ltd is a real estate investment trust. The company is a diversified property investment company investing in real estate sectors including office, retail, industrial, residential, and hospitality. Its operating business segments are Industrial, Commercial, Retail, Hospitality, Residential, Development, and Non-property. The segments derive their revenue mainly from rental income from leases. The company derives maximum revenue from the Industrial segment.

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