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Canada Jetlines Operations (NEOE:CJET) Buyback Yield % : -163.07 (As of Jun. 10, 2024)


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What is Canada Jetlines Operations 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.

Canada Jetlines Operations's current buyback yield was -163.07%.

Canada Jetlines Operations Buyback Yield % Historical Data

The historical data trend for Canada Jetlines Operations'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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Canada Jetlines Operations Buyback Yield % Chart

Canada Jetlines Operations Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Buyback Yield %
- - -32.69 -35.99 -41.86

Canada Jetlines Operations Quarterly Data
Dec19 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 -0.67 -21.20 -0.40 -151.84 -172.47

Competitive Comparison of Canada Jetlines Operations's Buyback Yield %

For the Airlines subindustry, Canada Jetlines Operations'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.

Canada Jetlines Operations's Buyback Yield % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Canada Jetlines Operations's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Canada Jetlines Operations's Buyback Yield % falls into.


Canada Jetlines Operations Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Canada Jetlines Operations'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
=- (0 + 6.692) / 15.98814
=-41.86%

Canada Jetlines Operations'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
=- (0 + 7.482) * 4 / 17.35305
=-172.47%

* 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.

Canada Jetlines Operations Buyback Yield % Related Terms

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Canada Jetlines Operations (NEOE:CJET) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Canada Jetlines Operations Ltd (NEOE:CJET) » Definitions » Buyback Yield %
Comparable Companies
TSXV:ACE.H DAL DUB:RYA SHSE:601111 SHSE:600029 SGX:C6L LUV SHSE:600115 UAL NSE:INDIGO IST:THYAO TSE:9202 SHSE:600221 LSE:IAG XTER:LHA TSE:9201 SHSE:601021 AAL HKSE:00293 XKRX:003490
Traded in Other Exchanges
CAJTF:USA
Address
1055 West Georgia Street, Suite 2400, Vancouver, BC, CAN, V6E 3P3
Website
https://www.jetlines.com
Canada Jetlines Operations Ltd operates as a leisure carrier. The group utilizes a growing fleet of Airbus A320 aircraft that provides passengers with another choice to travel to preferred destinations within the U.S., Caribbean, and Mexico. It generates maximum revenue from charter services.