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GL (Globe Life) Shares Buyback Ratio % : 10.60 (As of Dec. 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 10.60%.


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.

* Premium members only.

Globe Life Shares Buyback Ratio % Chart

Globe Life Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shares Buyback Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.69 3.64 4.07 2.84 3.05

Globe Life Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.76 0.50 -0.30 4.29 6.40

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 Sep. 2024 is calculated as

Shares Buyback Ratio=(Shares Outstanding (EOP) (A: Jun. 2024 ) - Shares Outstanding (EOP) (A: Sep. 2024 )) / Shares Outstanding (EOP) (A: Jun. 2024 )
=(90.0418 - 84.2753) / 90.0418
=6.40%

* 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.


Globe Life Shares Buyback Ratio % Related Terms

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Globe Life Business Description

Traded in Other Exchanges
Address
3700 South Stonebridge Drive, McKinney, TX, USA, 75070
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.
Executives
Frank M Svoboda officer: EVP & CFO 3340 PECAN HOLLOW CT, GRAPEVINE TX 76051
Robert Brian Mitchell officer: EVP, General Counsel and CRO 3120 HARVEY PKWY, OKLAHOMA CITY OK 73118
Mary E Thigpen director 3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
Robert Edward Hensley officer: EVP & Chief Investment Officer 3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
James Matthew Darden officer: EVP, Chief Strategy Officer 2904 BELCLAIRE DRIVE, FRISCO TX 75034
Thomas Peter Kalmbach officer: EVP & Chief Actuary 3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
Mark A Blinn director 5215 N. O'CONNOR BLVD., SUITE 2300, IRVING TX 75039
Rebecca E Zorn officer: EVP & Chief Talent Officer 3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
David A Rodriguez director 10400 FERNWOOD ROAD, BETHESDA MD 20817
James Brannen director 5400 UNIVERSITY AVENUE, WEST DES MOINES IA 50266
Steven Paul Johnson director 2613 PELICAN BAY DRIVE, PLANO TX 75093
Jennifer Allison Haworth officer: EVP & Chief Marketing Officer 3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
Melissa Jane Buchan director 1920 MAIN STREET, SUITE 500, IRVINE CA 92614
Dolores L Skarjune officer: EVP & Chief Admin. Officer 3700 S. STONEBRIDGE DRIVE, MCKINNEY TX 75070
Michael Clay Majors officer: EVP - Investor Rel. & Admin. UNITED AMERICAN INSURANCE COMPANY, 3700 SOUTH STONEBRIDGE DRIVE, MCKINNEY TX 75070