Nickel Industries (ASX:NIC) Buyback Yield % : -32.67 (As of Apr. 27, 2024)

View and export this data going back to 2018. Start your Free Trial

What is Nickel Industries 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.

Nickel Industries's current buyback yield was -32.67%.

Nickel Industries Buyback Yield % Historical Data

The historical data trend for Nickel Industries'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.

Nickel Industries Buyback Yield % Chart

Nickel Industries Annual Data

Trend

Jun19

Dec20

Dec21

Dec22

Dec23

Buyback Yield %

-39.15

-19.96

-5.90

-41.15

Nickel Industries Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Buyback Yield %	Get a 7-Day Free Trial							-	-11.06	-	-22.73	-61.82

Competitive Comparison of Nickel Industries's Buyback Yield %

For the Other Industrial Metals & Mining subindustry, Nickel Industries'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.

Nickel Industries's Buyback Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nickel Industries's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Nickel Industries's Buyback Yield % falls into.

Nickel Industries Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Nickel Industries'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
	=	- (-12.618	+	1238.421)	/	2978.63795
	=	-41.15%

Nickel Industries's annualized Buyback Yield for the quarter that ended in Dec. 2023 is calculated as

Buyback Yield	=	Net Issuance of Stock		(Annualized)			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	*	Annualized Factor	/	Market Cap
	=	- (-5.23	+	925.981)	*	2	/	2978.63795
	=	-61.82%

In calculating the annualized semi-annual data, the Repurchase of Stock and Issuance of Stock data used here is two times the semi-annual (Dec. 2023) data.

Nickel Industries Buyback Yield % Related Terms

Thank you for viewing the detailed overview of Nickel Industries's Buyback Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

Nickel Industries (ASX:NIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nickel Industries Ltd (ASX:NIC) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

NICMF:USA NM5:Germany

Address

66 Hunter Street, Level 2, Sydney, NSW, AUS, 2000

Website

https://www.nickelmines.com.au

Nickel Industries Ltd is engaged in acquiring, exploring, and developing nickel projects. It holds 80% interest in the Hengjaya Nickel and Ranger Nickel projects, both of which operate 2 line Rotary Kiln Electric Furnace (RKEF) plants producing NPI within the Indonesia Morowali Industrial Park (IMIP). Nickel Industries also holds an 80% economic interest in the Hengjaya Mineralindo Nickel Mine ('Hengjaya Mine'), a large tonnage, high-grade saprolite deposit located in the Morowali Regency of Central Sulawesi, Indonesia.