Globe Life (FRA:TMJ) Shares Buyback Ratio % : 1.73 (As of May. 14, 2024)

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What is Globe Life 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. Globe Life's current shares buyback ratio was 1.73%.

Globe Life Shares Buyback Ratio % Historical Data

The historical data trend for Globe Life'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.

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Globe Life Shares Buyback Ratio % Chart

Globe Life Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Shares Buyback Ratio %

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2.69

3.64

4.07

2.84

3.05

Globe Life Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Shares Buyback Ratio %	Get a 7-Day Free Trial															1.05	0.77	0.76	0.50	-0.30

Globe Life Shares Buyback Ratio % Calculation

Globe Life's Shares Buyback Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Shares Buyback Ratio	=	(Shares Outstanding (EOP) (A: Dec. 2022 )	-	Shares Outstanding (EOP) (A: Dec. 2023 ))	/	Shares Outstanding (EOP) (A: Dec. 2022 )
	=	(96.7399	-	93.7913)	/	96.7399
	=	3.05%

Globe Life's Shares Buyback Ratio for the quarter that ended in Mar. 2024 is calculated as

Shares Buyback Ratio	=	(Shares Outstanding (EOP) (A: Dec. 2023 )	-	Shares Outstanding (EOP) (A: Mar. 2024 ))	/	Shares Outstanding (EOP) (A: Dec. 2023 )
	=	(93.7913	-	94.0769)	/	93.7913
	=	-0.30%

Globe Life Shares Buyback Ratio % Related Terms

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Globe Life (FRA:TMJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Globe Life Inc (FRA:TMJ) » Definitions » Shares Buyback Ratio %

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Traded in Other Exchanges

GL:USA

Address

3700 South Stonebridge Drive, McKinney, TX, USA, 75070

Website

https://www.globelifeinsurance.com

Globe Life Inc is an insurance holding company. It provides a variety of life and supplemental health insurance products and annuities to a broad base of customers. The company's core operations are organized into four reportable segments: life insurance, supplemental health insurance, annuities, and investments. Investment activities, conducted by the investment segment, focus on seeking investments with a yield and term appropriate to support the insurance product obligations. These investments generally consist of fixed maturities and, over the long term, the expected yields are considered when setting insurance premium rates and product profitability expectations.

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