Life & Banc Split (TSX:LBS) Buyback Yield % : -5.23 (As of Dec. 13, 2024)

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What is Life & Banc Split 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.

Life & Banc Split's current buyback yield was -5.23%.

Life & Banc Split Buyback Yield % Historical Data

The historical data trend for Life & Banc Split'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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Life & Banc Split Buyback Yield % Chart

Life & Banc Split Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buyback Yield %

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-5.24

1.68

-7.78

-17.36

-16.46

Life & Banc Split Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Buyback Yield %	Get a 7-Day Free Trial															-21.88	-13.19	-22.28	-9.47	-9.57

Competitive Comparison of Life & Banc Split's Buyback Yield %

For the Asset Management subindustry, Life & Banc Split'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.

Life & Banc Split's Buyback Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Life & Banc Split's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Life & Banc Split's Buyback Yield % falls into.

Life & Banc Split Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Life & Banc Split'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
	=	- (-0.841	+	54.514)	/	326.142168
	=	-16.46%

Life & Banc Split's annualized Buyback Yield for the quarter that ended in Jun. 2024 is calculated as

Buyback Yield	=	Net Issuance of Stock		(Annualized)			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	*	Annualized Factor	/	Market Cap
	=	- (0	+	32.725)	*	2	/	684.043724
	=	-9.57%

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

Life & Banc Split Buyback Yield % Related Terms

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Life & Banc Split Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Life & Banc Split Corp (TSX:LBS) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

LBS.PR.A:Canada

Address

181 Bay Street, Brookfield Place, Suite 2930, P.O. Box 793, Bay Wellington Tower, Toronto, ON, CAN, M5J 2T3

Website

https://www.bromptongroup.com

Life & Banc Split Corp is a mutual fund company. Its investment objectives are to provide holders of preferred shares with fixed cumulative preferential quarterly cash distributions and to return the original issue price on the maturity date and to provide holders of Class A shares with regular monthly cash distributions and the opportunity for capital appreciation. It invests in a portfolio comprising of common shares of Canadian banks and publicly traded Canadian life insurance companies.

Life & Banc Split Headlines

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