ITEX (ITEX) 1-Year Share Buyback Ratio : -5.90% (As of Jul. 2024 )

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What is ITEX 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. ITEX's current 1-Year Share Buyback Ratio was -5.90%.

ITEX's 1-Year Share Buyback Ratio is ranked worse than
61.36% of 339 companies
in the Capital Markets industry
Industry Median: -1.8 vs ITEX: -5.90

Competitive Comparison of ITEX's 1-Year Share Buyback Ratio

For the Capital Markets subindustry, ITEX'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.

ITEX's 1-Year Share Buyback Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, ITEX's 1-Year Share Buyback Ratio distribution charts can be found below:

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

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ITEX 1-Year Share Buyback Ratio Calculation

ITEX's 1-Year Share Buyback Ratio for the quarter that ended in Jul. 2024 is calculated as

1-Year Share Buyback Ratio	=	(Shares Outstanding (EOP) (Jul. 2023 )	-	Shares Outstanding (EOP) (Jul. 2024 ))	/	Shares Outstanding (EOP) (Jul. 2023 )
	=	(1.669	-	1.768)	/	1.669
	=	-5.9%

* 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.

ITEX (OTCPK:ITEX) 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.

ITEX 1-Year Share Buyback Ratio Related Terms

ITEX Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » ITEX Corp (OTCPK:ITEX) » Definitions » 1-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

13555 South East 36th Street, Suite 210, Bellevue, WA, USA, 98006

Website

https://www.itexcorp.com

ITEX Corp operates a marketplace in which products and services are exchanged by marketplace members utilizing virtual currency. Its Marketplace provides a forum for members to purchase from and sell their products and services to other members using ITEX dollars instead of the United States dollars and Canadian dollars (USD or cash). It administers the marketplace and provides record-keeping and payment transaction processing services for its members. It generates revenue by charging members percentage-based transaction fees, association fees, and other fees assessed in United States dollars and Canadian dollars.

Executives

Lion Fund, L.p.	10 percent owner	19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Biglari Capital Corp.	10 percent owner, other: See Explanation of Responses	19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Kevin H Callan	director	3326 160TH AVE. SE, STE. 100, BELLEVUE WA 98008
Timothy R Morones	director	3326 160TH AVE SE STE 100, BELLEVUE WA 98008
Sardar Biglari,	10 percent owner, other: See Explanation of Responses	C/O BIGLARI HOLDINGS INC., 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Biglari Holdings Inc.	10 percent owner, other: See Explanation of Responses	17802 IH 10 WEST, SUITE 400, SAN ANTONIO TX 78257
Western Sizzlin Corp	10 percent owner, other: See Explanation of Responses	317 KIMBALL AVENUE NW, ROANOKE VA 24016
G. Andrew Cooke	10 percent owner	3110 9TH ROAD N. APT. B, ARLINGTON VA 22201
David Polonitza	10 percent owner	54B SANDRA CIRCLE, APT B1, WESTFIELD NJ 07090
Pagidipati Family Limited Partnership	10 percent owner	2955 SE 3RD COURT, OCALA FL 34471
Corner Market Capital Corp	10 percent owner	BOX 36, #1620 - 1140 WEST PENDER STREET, VANCOUVER A1 V6E-4G1
Sanjeev Parsad	10 percent owner	21-355 DUTHIE AVENUE, BURNABY A1 V5A-2P3
Alnesh Mohan	10 percent owner	702-583 BEACH CRESCENT, VANCOUVER A1 V6Z-3E6
Corner Market Capital U.s., Inc.	10 percent owner	BOX 36, #1620 - 1140 WEST PENDER STREET, VANCOUVER A1 V6E-4G1
Mpic Fund I Lp	10 percent owner	1199 WEST PENDER STREET, SUITE 680, VANCOUVER A1 V6E 2R1

ITEX Headlines

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