NIC (FRA:NAI) Shares Buyback Ratio % : -0.09 (As of May. 13, 2024)

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What is NIC 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. NIC's current shares buyback ratio was -0.09%.

NIC Shares Buyback Ratio % Historical Data

The historical data trend for NIC'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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NIC Shares Buyback Ratio % Chart

NIC Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Shares Buyback Ratio %

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-0.53

-0.44

-0.45

-0.60

-0.09

NIC Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Shares Buyback Ratio %	Get a 7-Day Free Trial															-0.01	-	-0.08	-0.01	-0.01

NIC Shares Buyback Ratio % Calculation

NIC's Shares Buyback Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Shares Buyback Ratio	=	(Shares Outstanding (EOP) (A: Dec. 2019 )	-	Shares Outstanding (EOP) (A: Dec. 2020 ))	/	Shares Outstanding (EOP) (A: Dec. 2019 )
	=	(66.968	-	67.031)	/	66.968
	=	-0.09%

NIC's Shares Buyback Ratio for the quarter that ended in Dec. 2020 is calculated as

Shares Buyback Ratio	=	(Shares Outstanding (EOP) (A: Sep. 2020 )	-	Shares Outstanding (EOP) (A: Dec. 2020 ))	/	Shares Outstanding (EOP) (A: Sep. 2020 )
	=	(67.026	-	67.031)	/	67.026
	=	-0.01%

NIC Shares Buyback Ratio % Related Terms

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NIC (FRA:NAI) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » NIC Inc (FRA:NAI) » Definitions » Shares Buyback Ratio %

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Address

25501 West Valley Parkway, Suite 300, Olathe, KS, USA, 66061

Website

https://www.egov.com

NIC Inc is a leading provider of digital government services that help governments use technology to provide a higher level of service to businesses and citizens and increase efficiencies. The company has two operating channels: state enterprise businesses and software and services businesses. In State enterprise businesses, the company enters into long-term contracts with state and local governments to design, build and operate Internet-based, enterprise-wide portals on their behalf, the software and services businesses provide software development and payment processing services, other than outsourced portal services, to state and local governments as well as federal agencies. It generates a majority of its revenue from the State Enterprise.

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