Rum Group for Transportation & Tourism Investment PSC (AMM:RUMM) 3-Month Share Buyback Ratio: 0.00% (As of Dec. 2023 )

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What is Rum Group for Transportation & Tourism Investment PSC 3-Month Share Buyback Ratio?

Rum Group for Transportation & Tourism Investment PSC AMM:RUMM 3-Month Share Buyback Ratio is 0.00 as of Dec. 2023.

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

3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Rum Group for Transportation & Tourism Investment PSC's current 3-Month Share Buyback Ratio was 0.00%.


Rum Group for Transportation & Tourism Investment PSC  (AMM:RUMM) 3-Month 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.


Rum Group for Transportation & Tourism Investment PSC 3-Month Share Buyback Ratio Related Terms


AMM:RUMM vs BKNG, ABNB, TCOM: 3-Month Share Buyback Ratio Comparison

For the Travel Services subindustry, Rum Group for Transportation & Tourism Investment PSC's 3-Month Share Buyback Ratio, along with its competitors' market caps and 3-Month 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.


Rum Group for Transportation & Tourism Investment PSC 3-Month Share Buyback Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Rum Group for Transportation & Tourism Investment PSC's 3-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Rum Group for Transportation & Tourism Investment PSC's 3-Month Share Buyback Ratio falls into.



Rum Group for Transportation & Tourism Investment PSC 3-Month Share Buyback Ratio Calculation

Rum Group for Transportation & Tourism Investment PSC's 3-Month Share Buyback Ratio for the quarter that ended in Dec. 2023 is calculated as

3-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Sep. 2023 ) - Shares Outstanding (EOP) (Dec. 2023 )) / Shares Outstanding (EOP) (Sep. 2023 )
=(21.000 - 21.000) / 21.000
=0.00%

* 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.

What does a 3-Month Share Buyback Ratio of 0.00 mean?
Rum Group for Transportation & Tourism Investment PSC (AMM:RUMM) has a 3-Month Share Buyback Ratio of 0.00 as of Dec. 2023. The 3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. View historical data for Rum Group for Transportation & Tourism Investment PSC and its competitors.
Is Rum Group for Transportation & Tourism Investment PSC's 3-Month Share Buyback Ratio too high?
Rum Group for Transportation & Tourism Investment PSC's current 3-Month Share Buyback Ratio is 0.00.
How does Rum Group for Transportation & Tourism Investment PSC's 3-Month Share Buyback Ratio compare to BKNG and ABNB?
Rum Group for Transportation & Tourism Investment PSC's 3-Month Share Buyback Ratio of 0.00 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Month Share Buyback Ratio for a Travel & Leisure company?
A good 3-Month Share Buyback Ratio depends on the Travel & Leisure industry context. However, 3-Month Share Buyback Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Month Share Buyback Ratio mean?
A high 3-Month Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. View historical data for Rum Group for Transportation & Tourism Investment PSC and its competitors. Rum Group for Transportation & Tourism Investment PSC's current 3-Month Share Buyback Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rum Group for Transportation & Tourism Investment PSC stock overvalued right now?
Rum Group for Transportation & Tourism Investment PSC (AMM:RUMM) has a current 3-Month Share Buyback Ratio of 0.00. The current 3-Month Share Buyback Ratio is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Month Share Buyback Ratio calculated?
3-Month Share Buyback Ratio is calculated from a company's financial statements. For Rum Group for Transportation & Tourism Investment PSC (AMM:RUMM), the current 3-Month Share Buyback Ratio is 0.00 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Rum Group for Transportation & Tourism Investment PSC Business Description

Address Airport Street, Close to Maa'daba Bridge, P.O. Box 921513, Amman, JOR, 11192
Rum Group for Transportation & Tourism Investment PSC provides tour services. The company provides tourist land transportation Inside and Outside Jordan, owns and operates hotels, aircraft leasing, low-cost airlines, insurance and financial brokerage. The company's brands include Rum Trans, Rum Hotels, and RUM Aviation.