Jindalee Lithium (ASX:JLL) 3-Year Share Buyback Ratio : -4.20% (As of Dec. 2024)

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What is Jindalee Lithium 3-Year Share Buyback Ratio?

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

3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Jindalee Lithium's current 3-Year Share Buyback Ratio was -4.20%.

The historical rank and industry rank for Jindalee Lithium's 3-Year Share Buyback Ratio or its related term are showing as below:

ASX:JLL' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -16.5 Med: -2.9 Max: 7.3
Current: -4.2

During the past 13 years, Jindalee Lithium's highest 3-Year Share Buyback Ratio was 7.30%. The lowest was -16.50%. And the median was -2.90%.

ASX:JLL's 3-Year Share Buyback Ratio is ranked better than
79.56% of 2021 companies
in the Metals & Mining industry
Industry Median: -14.7 vs ASX:JLL: -4.20

Competitive Comparison of Jindalee Lithium's 3-Year Share Buyback Ratio

For the Other Industrial Metals & Mining subindustry, Jindalee Lithium's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-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.

Jindalee Lithium's 3-Year Share Buyback Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Jindalee Lithium's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Jindalee Lithium's 3-Year Share Buyback Ratio falls into.

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Jindalee Lithium 3-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Jindalee Lithium (ASX:JLL) 3-Year Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

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.

Jindalee Lithium 3-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Jindalee Lithium's 3-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Jindalee Lithium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Jindalee Lithium Ltd (ASX:JLL) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

JNDAF:USA

Address

9 Havelock Street, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.jindaleelithium.com

Jindalee Lithium Ltd is engaged in the exploration and development of Lithium properties in Australia. It holds interests in various tenements located in Tasmania and Western Australia, including gold, diamonds, nickel, iron ore, copper, magnesite, uranium, and other base metals, as well as rare earth minerals. The project holdings of the company include U.S. Lithium, McDermitt Lithium Project which is the lithium deposit contained by lithium in the United States, and The Clayton North project. It has one operating segment being mineral exploration in the United States.