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Sonic (FRA:SO4) Shares Buyback Ratio % : 11.57 (As of May. 06, 2024)


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What is Sonic Shares Buyback Ratio %?

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. Sonic's current shares buyback ratio was 11.57%.


Sonic Shares Buyback Ratio % Historical Data

The historical data trend for Sonic'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.

* Premium members only.

Sonic Shares Buyback Ratio % Chart

Sonic Annual Data
Trend Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18
Shares Buyback Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.41 5.10 8.66 13.75 11.57

Sonic Quarterly Data
Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.18 3.62 2.83 3.93 1.70

Sonic Shares Buyback Ratio % Calculation

Sonic's Shares Buyback Ratio for the fiscal year that ended in Aug. 2018 is calculated as

Shares Buyback Ratio=(Shares Outstanding (EOP) (A: Aug. 2017 ) - Shares Outstanding (EOP) (A: Aug. 2018 )) / Shares Outstanding (EOP) (A: Aug. 2017 )
=(40.228 - 35.575) / 40.228
=11.57%

Sonic's Shares Buyback Ratio for the quarter that ended in Aug. 2018 is calculated as

Shares Buyback Ratio=(Shares Outstanding (EOP) (A: May. 2018 ) - Shares Outstanding (EOP) (A: Aug. 2018 )) / Shares Outstanding (EOP) (A: May. 2018 )
=(36.189 - 35.575) / 36.189
=1.70%

* 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.


Sonic Shares Buyback Ratio % Related Terms

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Sonic (FRA:SO4) Business Description

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Sonic Corp operates and franchises drive-in restaurants throughout the United States. The restaurants typically consist of a building that houses only a kitchen to go along with 16 to 24 parking spaces that have their own payment terminals, intercom speakers, and menu boards. Carhops serve customers in their cars. Many locations also have a drive-thru lane and patio seating as alternatives. Sonic franchises roughly 90% of its restaurants, and the royalty revenue the company earns on franchise sales contributes roughly a quarter of total company revenue. Company-operated stores provide the balance of total revenue. Sonic owns the property on which hundreds of its restaurants are located. For those properties that house franchised stores, franchisees lease from the company.

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