Rio Tinto (MEX:RIO N) 1-Year Share Buyback Ratio : -0.10% (As of Dec. 2024 )

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What is Rio Tinto 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. Rio Tinto's current 1-Year Share Buyback Ratio was -0.10%.

MEX:RIO N's 1-Year Share Buyback Ratio is ranked better than
95.21% of 1922 companies
in the Metals & Mining industry
Industry Median: -19.3 vs MEX:RIO N: -0.10

Competitive Comparison of Rio Tinto's 1-Year Share Buyback Ratio

For the Other Industrial Metals & Mining subindustry, Rio Tinto'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.

Rio Tinto's 1-Year Share Buyback Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Rio Tinto's 1-Year Share Buyback Ratio distribution charts can be found below:

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

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Rio Tinto 1-Year Share Buyback Ratio Calculation

Rio Tinto's 1-Year Share Buyback Ratio for the quarter that ended in Dec. 2024 is calculated as

1-Year Share Buyback Ratio	=	(Shares Outstanding (EOP) (Dec. 2023 )	-	Shares Outstanding (EOP) (Dec. 2024 ))	/	Shares Outstanding (EOP) (Dec. 2023 )
	=	(1622.537	-	1624.138)	/	1622.537
	=	-0.1%

* 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.

Rio Tinto (MEX:RIO N) 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.

Rio Tinto 1-Year Share Buyback Ratio Related Terms

Rio Tinto Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rio Tinto PLC (MEX:RIO N) » Definitions » 1-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

RTPPF:USA RIO:USA 0KWZ:UK RIOl:UK RIO:UK RIOA:Germany RIO1:Germany RIO1:Germany RIO1:Germany RIOA:Germany RIO1:Germany RIOT34:Brazil RIO1:Bulgaria RIO:Argentina

Address

6 St James’s Square, London, GBR, SW1Y 4AD

Website

https://www.riotinto.com

Rio Tinto is a global diversified miner. Iron ore is the dominant commodity, with significantly lesser contributions from copper, aluminum, diamonds, gold, and industrial minerals. The 1995 merger of RTZ and CRA, via a dual-listed structure, created the present-day company. The two operate as a single business entity, with shareholders in each company having equivalent economic and voting rights. Major assets included the Pilbara iron ore operations, a 30% stake in the Escondida copper mine, 66%-ownership of the Oyu Tolgoi copper mine in Mongolia, the Weipa and Gove bauxite mines in Australia, and six hydro-powered aluminum smelters in Canada.

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