DRDGold (MEX:DRD N) 10-Year Share Buyback Ratio : -10.60% (As of Dec. 2024)

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What is DRDGold 10-Year Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

10-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past ten years. It is calculated as the annualized percentage change in shares outstanding from ten years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. DRDGold's current 10-Year Share Buyback Ratio was -10.60%.

MEX:DRD N's 10-Year Share Buyback Ratio is ranked better than
65.17% of 1622 companies
in the Metals & Mining industry
Industry Median: -18.8 vs MEX:DRD N: -10.60

Competitive Comparison of DRDGold's 10-Year Share Buyback Ratio

For the Gold subindustry, DRDGold's 10-Year Share Buyback Ratio, along with its competitors' market caps and 10-Year Share Buyback Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

DRDGold's 10-Year Share Buyback Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, DRDGold's 10-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where DRDGold's 10-Year Share Buyback Ratio falls into.

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DRDGold 10-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from ten years ago to the current year. The annualized percentage change is calculated with least-square regression based on the eleven years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

DRDGold (MEX:DRD N) 10-Year Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

DRDGold 10-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of DRDGold's 10-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

DRDGold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » DRDGold Ltd (MEX:DRD N) » Definitions » 10-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

DRD:South Africa DRDGF:USA DRD:USA 0ICU:UK DUBA:Germany DUB1:Germany DUBA:Germany DUB1:Germany

Address

Cnr 14th Avenue and Hendrik Potgieter Road, Constantia Office Park, Cycad House, Building 17, Ground Floor, Weltevreden Park, Johannesburg, ZAF, 1709

Website

https://www.drdgold.com

DRDGold Ltd is a South African gold mining company engaged in surface gold tailings retreatment including exploration, extraction, processing, and smelting. Its reportable operating segments are; Ergo, FWGR, and Corporate office and other reconciling items. The Ergo is a surface gold retreatment operation that treats old slime dams and sand dumps to the south of Johannesburg's central business district as well as the East and Central Rand goldfields; and the FWGR which is a surface gold retreatment operation and treats old slime dams in the West Rand goldfields. The Ergo segment derives a vast majority of the company's revenue.

DRDGold Headlines

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