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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. Vicinity Centres's current 3-Year Share Buyback Ratio was -0.10%.
The historical rank and industry rank for Vicinity Centres's 3-Year Share Buyback Ratio or its related term are showing as below:
ASX:VCX'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -43.5 Med: -4.6 Max: 1.6
Current: -0.1
During the past 13 years, Vicinity Centres's highest 3-Year Share Buyback Ratio was 1.60%. The lowest was -43.50%. And the median was -4.60%.
ASX:VCX's 3-Year Share Buyback Ratio is ranked better than 81.32% of 605
companies
in the REITs industry
Industry Median: -2.9
vs ASX:VCX: -0.10
Vicinity Centres (ASX:VCX) 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.
Vicinity Centres 3-Year Share Buyback Ratio Related Terms
ASX:VCX vs SPG, O, KIM: 3-Year Share Buyback Ratio Comparison
For the REIT - Retail subindustry, Vicinity Centres'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.
Vicinity Centres 3-Year Share Buyback Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Vicinity Centres's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Vicinity Centres's 3-Year Share Buyback Ratio falls into.
Vicinity Centres 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.
What does a 3-Year Share Buyback Ratio of -0.10 mean?
Vicinity Centres (ASX:VCX) has a 3-Year Share Buyback Ratio of -0.10 as of Dec. 2025. The 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. View historical data for Vicinity Centres and its competitors. According to the industry distribution chart, Vicinity Centres ranks #113 out of 605 companies in the REITs industry, placing it in the top 18.7%.
Is Vicinity Centres' 3-Year Share Buyback Ratio too high?
Vicinity Centres' current 3-Year Share Buyback Ratio is -0.10. Based on the distribution chart, Vicinity Centres ranks #113 out of 605 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Vicinity Centres has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vicinity Centres' 3-Year Share Buyback Ratio compare to SPG and O?
According to the REITs industry distribution chart, Vicinity Centres ranks #113 out of 605 companies for 3-Year Share Buyback Ratio. This places Vicinity Centres in the top 19% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for a REITs company?
A good 3-Year Share Buyback Ratio depends on the REITs industry context. However, 3-Year 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-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 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. View historical data for Vicinity Centres and its competitors. Vicinity Centres's current 3-Year Share Buyback Ratio is -0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vicinity Centres stock overvalued right now?
Based on GuruFocus' analysis, Vicinity Centres (ASX:VCX) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.81, compared to a current price of A$2.64 — trading 45.9% above its estimated fair value. The current 3-Year Share Buyback Ratio is -0.10. Vicinity Centres' overall GF Score™ is 66/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For Vicinity Centres (ASX:VCX), the current 3-Year Share Buyback Ratio is -0.10 as of Dec. 2025. 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.
Is Vicinity Centres (ASX:VCX) Overvalued in 2026?
Based on GuruFocus' analysis, Vicinity Centres stock appears to be overvalued.
The current stock price of A$2.64 is trading 45.9% above its estimated GF Value™ of A$1.81.
GuruFocus considers Vicinity Centres to be Significantly Overvalued.
Key valuation signals for ASX:VCX:
3-Year Share Buyback Ratio: -0.10
GF Value™: A$1.81 vs. price of A$2.64 (45.9% above fair value)
No single metric tells the full story. See the ASX:VCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vicinity Centres operates about 50 shopping malls in Australia. They include several iconic city centers, like Queen Victoria Building, The Strand Arcade and The Galeries in Sydney, which are frequented by tourists and office workers nearby. Melbourne's Chadstone, Vicinity's crown jewel, is Australia's largest and highest turnover shopping mall. Smaller regional and neighborhood centers, to which Vicinity is consciously trimming exposure, account for around 15% of the portfolio. Vast majority of Vicinity's income is derived from rents. The group also earns small management fees for managing properties and development projects on behalf of capital partners.
66GF Score
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