Spirent Communications (Spirent Communications) Buyback Yield %

: 5.28 (As of Today)

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Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

Spirent Communications's current buyback yield was 5.28%.

Spirent Communications Buyback Yield % Historical Data

The historical data trend for Spirent Communications'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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Spirent Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buyback Yield %

0.86

1.07

1.34

1.21

7.54

Spirent Communications Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Buyback Yield %																1.06	0.18	2.24	5.47	7.65

Competitive Comparison

For the Software - Infrastructure subindustry, Spirent Communications'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.

Spirent Communications Buyback Yield % Distribution

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

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

Spirent Communications Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Spirent Communications'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
	=	- (-71.6	+	0)	/	949.26436
	=	7.54%

Spirent Communications'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
	=	- (-36.3	+	0)	*	2	/	949.26436
	=	7.65%

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.

Spirent Communications Buyback Yield % Related Terms

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Spirent Communications (Spirent Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Spirent Communications PLC (OTCPK:SPNUF) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

SPMYY:USA SPTl:UK SPT:UK BW8:Germany

Address

108 High Street, Origin One, Crawley, West Sussex, GBR, RH10 1BD

Website

https://corporate.spirent.com

Spirent Communications PLC provides communications technologies including networks, data centers, enterprise IT, mobile communications, connected vehicles or the Internet of Things. The company operates in Networks and Security and Lifecycle Service Assurance segments. The majority of the revenue is derived from the Networks and Security segment that comprises Cloud IP, Application Security and Positioning lines of business with the aim of addressing the needs of the lab test market for Ethernet, Virtual, Data Center, applications test and timing for critical infrastructure.