Al-Haj Textile Mills (DHA:AL-HAJTEX) 3-Month Share Buyback Ratio : 0.00% (As of Mar. 2023 )

View and export this data going back to . Start your Free Trial

What is Al-Haj Textile Mills 3-Month Share Buyback Ratio?

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. Al-Haj Textile Mills's current 3-Month Share Buyback Ratio was 0.00%.

Competitive Comparison of Al-Haj Textile Mills's 3-Month Share Buyback Ratio

For the Textile Manufacturing subindustry, Al-Haj Textile Mills'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.

Al-Haj Textile Mills's 3-Month Share Buyback Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Al-Haj Textile Mills's 3-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Al-Haj Textile Mills's 3-Month Share Buyback Ratio falls into.

Save Embed

;

Save Embed

;

Al-Haj Textile Mills 3-Month Share Buyback Ratio Calculation

Al-Haj Textile Mills's 3-Month Share Buyback Ratio for the quarter that ended in Mar. 2023 is calculated as

3-Month Share Buyback Ratio	=	(Shares Outstanding (EOP) (Dec. 2022 )	-	Shares Outstanding (EOP) (Mar. 2023 ))	/	Shares Outstanding (EOP) (Dec. 2022 )
	=	(22.299	-	22.299)	/	22.299
	=	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.

Al-Haj Textile Mills (DHA:AL-HAJTEX) 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.

Al-Haj Textile Mills 3-Month Share Buyback Ratio Related Terms

Al-Haj Textile Mills Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Al-Haj Textile Mills Ltd (DHA:AL-HAJTEX) » Definitions » 3-Month Share Buyback Ratio

Traded in Other Exchanges

N/A

Address

66, Dilkusha Commercial Area, 4th Floor, Dhaka, BGD, 1000

Website

https://www.alhajtextilemills.com

Al-Haj Textile Mills Ltd is a Bangladesh based company primarily engaged in the manufacturing and sale of cotton yarns. It offers cotton, polyester spun, poly-viscose blend, poly-cotton blend, and viscose spun yarns. It also offers advanced, reasonable solutions for any size-reduction requirements including quarry, aggregate, and various kinds of minerals.

Al-Haj Textile Mills Headlines

No Headlines