RingCentral (LTS:0V50) Buyback Yield % : 9.39 (As of May. 14, 2024)

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What is RingCentral 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.

RingCentral's current buyback yield was 9.39%.

RingCentral Buyback Yield % Historical Data

The historical data trend for RingCentral'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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RingCentral Buyback Yield % Chart

RingCentral Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buyback Yield %

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2.96

9.71

RingCentral Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Buyback Yield %	Get a 7-Day Free Trial															10.25	12.88	11.29	7.68	9.91

Competitive Comparison of RingCentral's Buyback Yield %

For the Software - Application subindustry, RingCentral'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.

RingCentral's Buyback Yield % Distribution in the Software Industry

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

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

RingCentral Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

RingCentral'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
	=	- (-311.088	+	0)	/	3202.206828
	=	9.71%

RingCentral'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
	=	- (-80.468	+	0)	*	4	/	3248.13024
	=	9.91%

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.

RingCentral Buyback Yield % Related Terms

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RingCentral (LTS:0V50) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » RingCentral Inc (LTS:0V50) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

RNG:USA 3RCA:Germany

Address

20 Davis Drive, Belmont, CA, USA, 94002

Website

https://www.ringcentral.com

RingCentral is a unified communications as a service, or UCaaS, provider. Its software helps users communicate and collaborate via voice, video, and messaging across all device types and all from one platform. RingCentral helps customers modernize and move from legacy on-premises systems to modern, cloud-based systems. Beyond its core RingCentral MVP solution, RingCentral also offers a cloud-based contact center solution, a standalone video meetings solution, and webinars.

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