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RY (Royal Bank of Canada) Buyback Yield % : -0.09 (As of Dec. 14, 2024)


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What is Royal Bank of Canada 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.

Royal Bank of Canada's current buyback yield was -0.09%.


Royal Bank of Canada Buyback Yield % Historical Data

The historical data trend for Royal Bank of Canada'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.

Royal Bank of Canada Buyback Yield % Chart

Royal Bank of Canada Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Buyback Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 -0.06 3.19 -0.11 -0.09

Royal Bank of Canada Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 0.21 -0.38 -0.15 0.33 -0.24

Competitive Comparison of Royal Bank of Canada's Buyback Yield %

For the Banks - Diversified subindustry, Royal Bank of Canada'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.


Royal Bank of Canada's Buyback Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Royal Bank of Canada's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Royal Bank of Canada's Buyback Yield % falls into.



Royal Bank of Canada Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Royal Bank of Canada's Buyback Yield for the fiscal year that ended in Oct. 2024 is calculated as

Buyback Yield=Net Issuance of Stock / Market Cap
=- (Repurchase of Stock + Issuance of Stock) / Market Cap
=- (-4846.26 + 4998.183) / 170998.905
=-0.09%

Royal Bank of Canada's annualized Buyback Yield for the quarter that ended in Oct. 2024 is calculated as

Buyback Yield=Net Issuance of Stock(Annualized) / Market Cap
=- (Repurchase of Stock + Issuance of Stock) * Annualized Factor / Market Cap
=- (-1163.044 + 1266.264) * 4 / 170998.905
=-0.24%

* 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 (Oct. 2024) data.


Royal Bank of Canada Buyback Yield % Related Terms

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Royal Bank of Canada Business Description

Address
1 Place Ville Marie, Corporate Secretary\'s Department, Montreal, QC, CAN, H3B 3A9
Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the US and other countries.