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Novus Capital II (Novus Capital II) Buyback Yield % : -1,547.48 (As of Apr. 29, 2024)


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What is Novus Capital II 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.

Novus Capital II's current buyback yield was -1,547.48%.

Novus Capital II Buyback Yield % Historical Data

The historical data trend for Novus Capital II'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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Novus Capital II Buyback Yield % Chart

Novus Capital II Annual Data
Trend Dec20 Dec21
Buyback Yield %
- -79.19

Novus Capital II Quarterly Data
Sep20 Dec20 Dec21
Buyback Yield % - - -316.77

Competitive Comparison of Novus Capital II's Buyback Yield %

For the Shell Companies subindustry, Novus Capital II'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.

Novus Capital II's Buyback Yield % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Novus Capital II's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Novus Capital II's Buyback Yield % falls into.


Novus Capital II Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Novus Capital II's Buyback Yield for the fiscal year that ended in Dec. 2021 is calculated as

Buyback Yield=Net Issuance of Stock / Market Cap
=- (Repurchase of Stock + Issuance of Stock) / Market Cap
=- (0 + 281.75) / 355.78125
=-79.19%

Novus Capital II's annualized Buyback Yield for the quarter that ended in Dec. 2021 is calculated as

Buyback Yield=Net Issuance of Stock(Annualized) / Market Cap
=- (Repurchase of Stock + Issuance of Stock) * Annualized Factor / Market Cap
=- (0 + 281.75) * 4 / 355.78125
=-316.77%

* 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 (Dec. 2021) data.

Novus Capital II Buyback Yield % Related Terms

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Novus Capital II (Novus Capital II) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Novus Capital Corp II (NYSE:NXU) » Definitions » Buyback Yield %
Comparable Companies
Traded in Other Exchanges
N/A
Address
8556 Oakmont Lane, Indianapolis, IN, USA, 46260
Website
https://www.novuscapitalcorporation.com
Novus Capital Corp II is a blank check company. It is formed for the purpose of effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses.