Converge Technology Solutions (TSX:CTS) Buyback Yield % : 6.33 (As of Apr. 26, 2025)

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What is Converge 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.

Converge Technology Solutions's current buyback yield was 6.33%.

Converge Technology Solutions Buyback Yield % Historical Data

The historical data trend for Converge 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.

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Converge Technology Solutions Buyback Yield % Chart

Converge Technology Solutions Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Buyback Yield %

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-14.22

-21.19

4.17

2.06

11.59

Converge Technology Solutions Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Buyback Yield %	Get a 7-Day Free Trial															2.06	1.68	5.94	6.24	11.59

Competitive Comparison of Converge Technology Solutions's Buyback Yield %

For the Information Technology Services subindustry, Converge 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.

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

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

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

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Converge Technology Solutions Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Converge Technology Solutions's Buyback Yield for the fiscal year that ended in Dec. 2024 is calculated as

Buyback Yield	=	Net Issuance of Stock			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	/	Market Cap
	=	- (-71.506	+	0)	/	616.74489
	=	11.59%

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

Buyback Yield	=	Net Issuance of Stock		(TTM)		/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	(TTM)^**	/	Market Cap
	=	- (-71.506	+	0)		/	616.74489
	=	11.59%

** If the quarter corresponds to the year-end period, we will use the annual Repurchase of Stock and Issuance of Stock data .

Converge Technology Solutions Buyback Yield % Related Terms

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Converge Technology Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Converge Technology Solutions Corp (TSX:CTS) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

CTSDF:USA 0ZB:Germany

Address

161 Bay Street, Suite 2325, Toronto, ON, CAN, M5J 2S1

Website

https://www.convergetp.com

Converge Technology Solutions Corp is a Canadian company building a platform of regionally focused Hybrid IT infrastructure providers that deliver breed solutions and services in the United States. The solutions provided include multi-cloud solutions, the blockchain, resiliency, and managed services, enabling the company to address the business and IT issues that public and private-sector organizations face. It has three operating segments: North America, Germany, and UK.

Executives

Greg Berard	Senior Officer
John Teltsch	Senior Officer
Avjit Kamboj	Senior Officer
Toni Rinow	Director
Cory Reid	Senior Officer
Brian Arthur Phillips	Director
Shaun Maine	Director, Senior Officer
Thomas Volk	Director
Darlene Kelly	Director
Donald Lawrence Cuthbertson	Senior Officer
Richard Lecoutre	Senior Officer
Winton Smith	Senior Officer
Carl Gilbert Smith	Senior Officer
Gordon Mcmillan	10% Security Holder, Director
Ralph Garcea	Director