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Middle East Specialized Cables Co (SAU:2370) Buyback Yield % : 0.00 (As of Jun. 18, 2024)


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What is Middle East Specialized Cables Co 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.

Middle East Specialized Cables Co's current buyback yield was 0.00%.


Middle East Specialized Cables Co Buyback Yield % Historical Data

The historical data trend for Middle East Specialized Cables Co'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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Middle East Specialized Cables Co Buyback Yield % Chart

Middle East Specialized Cables Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buyback Yield %
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Middle East Specialized Cables Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Middle East Specialized Cables Co's Buyback Yield %

For the Electrical Equipment & Parts subindustry, Middle East Specialized Cables Co'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.


Middle East Specialized Cables Co's Buyback Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Middle East Specialized Cables Co's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Middle East Specialized Cables Co's Buyback Yield % falls into.



Middle East Specialized Cables Co Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Middle East Specialized Cables Co'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 + 0) / 893.6
=0.00%

Middle East Specialized Cables Co'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 + 0) * 4 / 1068
=0.00%

* 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.


Middle East Specialized Cables Co Buyback Yield % Related Terms

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Middle East Specialized Cables Co (SAU:2370) Business Description

Traded in Other Exchanges
N/A
Address
Salahuddin Street, King Abdulaziz Sector, PO Box 60536, Riyadh, SAU, 11555
Middle East Specialized Cables Co is a company which is engaged in the production and sale of flexible electric, coaxial, rubber and nylon coated wires and cables, telephone cables for internal extensions, computer cables, safety and anti-fire wires and cables, and control and transmission of information cables. The company's products include instrumentation and process control cables, Building wire, power, and control cables (PVC), data and communication cable, Flexible cables, fire cables, irrigation cables, bare copper and PVCs. It operates its business in two geographic segments namely Saudi Arabia and Unites Arab Emirates (UAE). The majority of the company's revenue comes from Saudi Arabia.

Middle East Specialized Cables Co (SAU:2370) Headlines

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