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LRGR (Luminar Media Group) 3-Month Share Buyback Ratio : 0.00% (As of Sep. 2017 )


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What is Luminar Media Group 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. Luminar Media Group's current 3-Month Share Buyback Ratio was 0.00%.


Competitive Comparison of Luminar Media Group's 3-Month Share Buyback Ratio

For the Beverages - Wineries & Distilleries subindustry, Luminar Media Group'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.


Luminar Media Group's 3-Month Share Buyback Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Luminar Media Group's 3-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Luminar Media Group's 3-Month Share Buyback Ratio falls into.


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Luminar Media Group 3-Month Share Buyback Ratio Calculation

Luminar Media Group's 3-Month Share Buyback Ratio for the quarter that ended in Sep. 2017 is calculated as

3-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Jun. 2017 ) - Shares Outstanding (EOP) (Sep. 2017 )) / Shares Outstanding (EOP) (Jun. 2017 )
=(0.700 - 0.700) / 0.700
=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.


Luminar Media Group  (OTCPK:LRGR) 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.


Luminar Media Group 3-Month Share Buyback Ratio Related Terms


Luminar Media Group Business Description

Traded in Other Exchanges
N/A
Address
1450 NorthWest 87th Avenue, Suite 210, Miami, FL, USA, FL 33172
Luminar Media Group Inc through its FortunCo subsidiary, is a pioneering fintech company specializing in financial solutions is dedicated to serving underserved communities, particularly Latino and minority-owned enterprises, Fortun leverages cutting-edge data analytics, proprietary processes, and digital technology to provide fast, efficient, and tailored financial services. Committed to transparency and responsibility, Fortun ensures that underserved customers and businesses have access to the capital and liquidity needed to thrive in today's market.