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TPCS (Techprecision) 3-Month Share Buyback Ratio : -0.46% (As of Dec. 2024 )


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What is Techprecision 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. Techprecision's current 3-Month Share Buyback Ratio was -0.46%.


Competitive Comparison of Techprecision's 3-Month Share Buyback Ratio

For the Metal Fabrication subindustry, Techprecision'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.


Techprecision's 3-Month Share Buyback Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Techprecision's 3-Month Share Buyback Ratio distribution charts can be found below:

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


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Techprecision 3-Month Share Buyback Ratio Calculation

Techprecision's 3-Month Share Buyback Ratio for the quarter that ended in Dec. 2024 is calculated as

3-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Sep. 2024 ) - Shares Outstanding (EOP) (Dec. 2024 )) / Shares Outstanding (EOP) (Sep. 2024 )
=(9.619 - 9.663) / 9.619
=-0.46%

* 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.


Techprecision  (NAS:TPCS) 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.


Techprecision 3-Month Share Buyback Ratio Related Terms


Techprecision Business Description

Traded in Other Exchanges
N/A
Address
1 Bella Drive, Westminster, MA, USA, 01473
Techprecision Corp manufactures metal fabricated and machined precision components and systems. It offers a full range of services required to transform raw materials into precision finished products. The company's products are used in markets including defense, aerospace, nuclear, medical, and precision industries. All of its operations and customers are located in the United States. The company have two wholly owned subsidiaries that are each reportable segments: Ranor and Stadco. Each reportable segment focuses on the manufacture and assembly of specific components.
Executives
Barbara M. Lilley officer: Chief Financial Officer C/O TECHPRECISION CORPORATION, 1 BELLA DRIVE, WESTMINISTER MA 01473
Andrew A Levy director 46 BALDWIN FARM NORTH, GREENWHICH CT 06831
Walter Milton Schenker director 1130 ROUTE 46, SUITE 22, PARSIPPANY NJ 07054
Thomas Sammons officer: Chief Financial Officer C/O TECHPRECISION CORPORATION, 992 OLD EAGLE SCHOOL ROAD, SUITE 909, WAYNE PA 19087
Alexander Shen officer: Chief Executive Officer C/O TECHPRECISION CORPORATION, 3477 CORPORATE PARKWAY, CENTER VALLEY PA 18034
Robert A Crisafulli director 1 BELLA DRIVE, WESTMINSTER PA 01473
Richard Mcgowan director C/O CLEVELAND BIOLABS, INC., 73 HIGH STREET, BUFFALO NY 14203
Philip A Dur director 1600 TECHNOLOGY WAY, P.O. BOX 231, LATROBE PA 15650
Robert G Isaman director C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
Robert Francis other: President & GM of Ranor, Inc. C/O TECHPRECISION CORPORATION, 3477 CORPORATE PARKWAY, CENTER VALLEY PA 18034
Leonard M Anthony director MRC GLOBAL INC., 2 HOUSTON CENTER, 909 FANNIN, SUITE 3100, HOUSTON TX 77010
James S Molinaro director, officer: Chief Executive Officer 6330 WEGEWOOD DR, ALLENTOWN PA 18106
Richard F Fitzgerald officer: Chief Financial Officer C/O TECHPRECISION CORPORATION, ONE BELLA DRIVE, WESTMINSTER MA 01473
Michael R Holly director 1729 SWEDESFORD ROAD, MALVERN PA 19355
Louis A Winoski director C/O TECHPRECISION CORPORATION, ONE BELLA DRIVE, WESTMINSTER MA 01473