CANQF (CanaQuest Medical) Shares Buyback Ratio %: -24.46 (As of Sep. 18, 2026)

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What is CanaQuest Medical Shares Buyback Ratio %?

CanaQuest Medical CANQF -99.00% Shares Buyback Ratio % is -24.46 as of Sep. 18, 2026.

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

GuruFocus calculates shares buyback ratio using previous shares outstanding minus the current shares outstanding, and then divides by previous shares outstanding. CanaQuest Medical's current shares buyback ratio was -24.46%.

CanaQuest Medical Shares Buyback Ratio % Related Terms

CanaQuest Medical Shares Buyback Ratio % Historical Data

* Premium members only.

The historical data trend for CanaQuest Medical's Shares Buyback Ratio % 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.

CanaQuest Medical Shares Buyback Ratio % Chart

CanaQuest Medical Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18
Shares Buyback Ratio %
0.00 -54.81 0.00 -0.11 -24.46

CanaQuest Medical Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
Shares Buyback Ratio % 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 -0.11 0.00 -1.50 -3.52 -18.46

CanaQuest Medical Shares Buyback Ratio % Calculation

CanaQuest Medical's Shares Buyback Ratio for the fiscal year that ended in Mar. 2018 is calculated as

Shares Buyback Ratio=(Shares Outstanding (EOP) (A: Mar. 2017 ) - Shares Outstanding (EOP) (A: Mar. 2018 )) / Shares Outstanding (EOP) (A: Mar. 2017 )
=(13.337521 - 16.600435) / 13.337521
=-24.46%

CanaQuest Medical's Shares Buyback Ratio for the quarter that ended in Mar. 2018 is calculated as

Shares Buyback Ratio=(Shares Outstanding (EOP) (A: Dec. 2017 ) - Shares Outstanding (EOP) (A: Mar. 2018 )) / Shares Outstanding (EOP) (A: Dec. 2017 )
=(14.013708 - 16.600435) / 14.013708
=-18.46%

* 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.

Frequently Asked Questions Learn more about Shares Buyback Ratio % →
What does a Shares Buyback Ratio % of -24.46 mean?
CanaQuest Medical (CANQF) has a Shares Buyback Ratio % of -24.46 as of Sep. 18, 2026. Share buyback ratio is the percent change of a company's shares outstanding from two periods. View historical data on CanaQuest Medical and its competitors.
Is CanaQuest Medical's Shares Buyback Ratio % too high?
CanaQuest Medical's current Shares Buyback Ratio % is -24.46.
How does CanaQuest Medical's Shares Buyback Ratio % compare to NTRR and CBBT?
CanaQuest Medical's Shares Buyback Ratio % of -24.46 can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Buyback Ratio % for a Drug Manufacturers company?
A good Shares Buyback Ratio % depends on the Drug Manufacturers industry context. However, Shares Buyback Ratio % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Buyback Ratio % mean?
A high Shares Buyback Ratio % can signal that a stock is expensive relative to its fundamentals. Share buyback ratio is the percent change of a company's shares outstanding from two periods. View historical data on CanaQuest Medical and its competitors. CanaQuest Medical's current Shares Buyback Ratio % is -24.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CanaQuest Medical stock overvalued right now?
CanaQuest Medical (CANQF) has a current Shares Buyback Ratio % of -24.46. The current Shares Buyback Ratio % is -24.46. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Buyback Ratio % calculated?
Shares Buyback Ratio % is calculated from a company's financial statements. For CanaQuest Medical (CANQF), the current Shares Buyback Ratio % is -24.46 as of Sep. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

CanaQuest Medical Business Description

Address 4120 Ridgeway Drive, Unit 37, Mississauga, ON, CAN, L5L 5S9
CanaQuest Medical Corp is a Canadian biotechnology company. It engages in the development of health products utilizing cannabis and algae oil. The company's principal operations are the development and sale of pharmaceutical drugs and medical cannabis medications as approved by the regulatory authorities.