Bytes Technology Group (CHIX:BYITL) 1-Year Share Buyback Ratio : -0.30% (As of Feb. 2025 )

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What is Bytes Technology Group 1-Year Share Buyback Ratio?

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

1-Year Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past year, calculated as the percentage change in shares outstanding from the previous year to the current year. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Bytes Technology Group's current 1-Year Share Buyback Ratio was -0.30%.

CHIX:BYITl's 1-Year Share Buyback Ratio is ranked better than
66.99% of 1757 companies
in the Software industry
Industry Median: -1.3 vs CHIX:BYITl: -0.30

Competitive Comparison of Bytes Technology Group's 1-Year Share Buyback Ratio

For the Software - Infrastructure subindustry, Bytes Technology Group's 1-Year Share Buyback Ratio, along with its competitors' market caps and 1-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.

Bytes Technology Group's 1-Year Share Buyback Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Bytes Technology Group's 1-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Bytes Technology Group's 1-Year Share Buyback Ratio falls into.

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Bytes Technology Group 1-Year Share Buyback Ratio Calculation

Bytes Technology Group's 1-Year Share Buyback Ratio for the quarter that ended in Feb. 2025 is calculated as

1-Year Share Buyback Ratio	=	(Shares Outstanding (EOP) (Feb. 2024 )	-	Shares Outstanding (EOP) (Feb. 2025 ))	/	Shares Outstanding (EOP) (Feb. 2024 )
	=	(240.357	-	241.068)	/	240.357
	=	-0.3%

* 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.

Bytes Technology Group (CHIX:BYITl) 1-Year Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.

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.

Bytes Technology Group 1-Year Share Buyback Ratio Related Terms

Bytes Technology Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bytes Technology Group PLC (CHIX:BYITl) » Definitions » 1-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

BYI:South Africa BYIT:UK 9NY:Germany 9NY:Germany

Address

Randalls Way, Bytes House, Leatherhead, Surrey, GBR, KT22 7TW

Website

https://www.bytesplc.com

Bytes Technology Group PLC provides IT solutions and services, offering software, hardware, and cloud services. It enables effective and cost-efficient technology sourcing, adoption, and management across software, security, and cloud services. The company's brands include Bytes Software Services (BSS) which supports the corporate and public sector, and Phoenix Software which focuses on providing solutions to the public sector. It generates a majority of its revenue from software products. Geographically, the company derives its key revenue from the United Kingdom and the rest from Europe, and other regions.

Bytes Technology Group Headlines

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