B2Gold (TSX:BTO) Shares Buyback Ratio %: 0.14 (As of Aug. 29, 2026)

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TSX:BTO B2Gold Corp TSX:BTO
87 GF Score
Price C$7.85
GF Value C$7.05
Valuation Modestly Overvalued
! 7 Warning Signs
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What is B2Gold Shares Buyback Ratio %?

B2Gold TSX:BTO -2.97% 87 Shares Buyback Ratio % is 0.14 as of Aug. 29, 2026. GuruFocus rates TSX:BTO with a GF Score™ of 87/100 and a GF Value™ of C$7.05 (Modestly Overvalued). The stock has 7 warning signs investors should review.

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. B2Gold's current shares buyback ratio was 0.14%.

B2Gold Shares Buyback Ratio % Related Terms

B2Gold Shares Buyback Ratio % Historical Data

* Premium members only.

The historical data trend for B2Gold'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.

B2Gold Shares Buyback Ratio % Chart

B2Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Buyback Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.49 -1.74 -21.03 -1.33 -1.71

B2Gold Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -0.21 -0.55 -0.79 0.51 0.95
TSX:BTO
87GF Score
B2Gold Corp TSX:BTO
Shares Buyback Ratio % is just one metric. See GF Score™, valuation, warning signs, and more.
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B2Gold Shares Buyback Ratio % Calculation

B2Gold's Shares Buyback Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Shares Buyback Ratio=(Shares Outstanding (EOP) (A: Dec. 2024 ) - Shares Outstanding (EOP) (A: Dec. 2025 )) / Shares Outstanding (EOP) (A: Dec. 2024 )
=(1318.041 - 1340.622) / 1318.041
=-1.71%

B2Gold's Shares Buyback Ratio for the quarter that ended in Jun. 2026 is calculated as

Shares Buyback Ratio=(Shares Outstanding (EOP) (A: Mar. 2026 ) - Shares Outstanding (EOP) (A: Jun. 2026 )) / Shares Outstanding (EOP) (A: Mar. 2026 )
=(1333.808 - 1321.071) / 1333.808
=0.95%

* 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 0.14 mean?
B2Gold (TSX:BTO) has a Shares Buyback Ratio % of 0.14 as of Aug. 29, 2026. Share buyback ratio is the percent change of a company's shares outstanding from two periods. View historical data on B2Gold and its competitors.
Is B2Gold's Shares Buyback Ratio % too high?
B2Gold's current Shares Buyback Ratio % is 0.14. Overall, B2Gold has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does B2Gold's Shares Buyback Ratio % compare to NEM and AU?
B2Gold's Shares Buyback Ratio % of 0.14 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Shares Buyback Ratio % depends on the Metals & Mining 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 B2Gold and its competitors. B2Gold's current Shares Buyback Ratio % is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B2Gold stock overvalued right now?
Based on GuruFocus' analysis, B2Gold (TSX:BTO) is currently considered Modestly Overvalued. The stock's GF Value™ is C$7.05, compared to a current price of C$7.85 — trading 11.3% above its estimated fair value. The current Shares Buyback Ratio % is 0.14. B2Gold's overall GF Score™ is 87/100 with 7 warning signs to review. 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 B2Gold (TSX:BTO), the current Shares Buyback Ratio % is 0.14 as of Aug. 29, 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.

Is B2Gold (TSX:BTO) Overvalued in 2026?

Based on GuruFocus' analysis, B2Gold stock appears to be overvalued. The current stock price of C$7.85 is trading 11.3% above its estimated GF Value™ of C$7.05. GuruFocus considers B2Gold to be Modestly Overvalued.

Key valuation signals for TSX:BTO:

  • Shares Buyback Ratio %: 0.14
  • GF Value™: C$7.05 vs. price of C$7.85 (11.3% above fair value)
  • GF Score™: 87/100 with 7 warning signs

No single metric tells the full story. See the TSX:BTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

B2Gold Business Description

Address 666 Burrard Street, Park Place, Suite 3400, Vancouver, BC, CAN, V6C 2X8
B2Gold Corp is an international, low-cost, senior gold mining company. It has three operating open-pit gold mines in Mali, Namibia, and the Philippines and numerous exploration projects across four continents. Other assets include the Gramalote gold projects. The company focuses on acquiring and developing interests in mineral properties with a primary focus on gold deposits as gold production forms all its revenue. The company's reportable operating segments include its mining operations and development projects, namely Fekola; Masbate; Otjikoto; the Goose Project, and other mineral properties; and corporate and other.
87GF Score

Get the complete analysis for TSX:BTO

Shares Buyback Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$7.85
Price
C$7.05
GF Value