GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » E-L Financial Corp Ltd (TSX:ELF) » Definitions » Buyback Yield %

E-L Financial (TSX:ELF) Buyback Yield % : 0.11 (As of Apr. 29, 2024)


View and export this data going back to 1969. Start your Free Trial

What is E-L Financial 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.

E-L Financial's current buyback yield was 0.11%.


E-L Financial Buyback Yield % Historical Data

The historical data trend for E-L Financial'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.

E-L Financial Buyback Yield % Chart

E-L Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buyback Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 7.15 0.20 4.26 2.74

E-L Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Buyback Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.51 - -

Competitive Comparison of E-L Financial's Buyback Yield %

For the Insurance - Life subindustry, E-L Financial'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.


E-L Financial's Buyback Yield % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, E-L Financial's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where E-L Financial's Buyback Yield % falls into.



E-L Financial Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

E-L Financial'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
=- (-99.435 + 0) / 3628.6441384
=2.74%

E-L Financial'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
=- (0 + 0) * 4 / 3628.6441384
=0.00%

* 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. 2023) data.


E-L Financial Buyback Yield % Related Terms

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


E-L Financial (TSX:ELF) Business Description

Address
165 University Avenue, 10th Floor, Toronto, ON, CAN, M5H 3B8
E-L Financial Corp Ltd operates as an investment and insurance holding company that provides a broad range of wealth management products, individual insurance products, group plans, and financial services to meet the needs of individuals, professionals, and businesses. The firm has two segments; The Empire Life operating segment underwrites life and health insurance policies and provides segregated funds, mutual funds, and annuity products, and the E-L Corporate segment operations include the oversight of investments in equities held through holdings of common shares, investment funds, closed-end investment companies, and other private companies. The firm generates a majority of its revenue from the E-L Corporate segment.