BHP Group (BUE:BHP) 3-Year Share Buyback Ratio : -0.10% (As of Dec. 2024)

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What is BHP Group 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. BHP Group's current 3-Year Share Buyback Ratio was -0.10%.

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

BUE:BHP' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -18.9 Med: 0.45 Max: 2.8
Current: -0.1

During the past 13 years, BHP Group's highest 3-Year Share Buyback Ratio was 2.80%. The lowest was -18.90%. And the median was 0.45%.

BUE:BHP's 3-Year Share Buyback Ratio is ranked better than
95.76% of 2050 companies
in the Metals & Mining industry
Industry Median: -14.75 vs BUE:BHP: -0.10

Competitive Comparison of BHP Group's 3-Year Share Buyback Ratio

For the Other Industrial Metals & Mining subindustry, BHP Group'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.

BHP Group's 3-Year Share Buyback Ratio Distribution in the Metals & Mining Industry

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

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

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BHP Group 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.

BHP Group (BUE:BHP) 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.

BHP Group 3-Year Share Buyback Ratio Related Terms

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

BHP Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » BHP Group Ltd (BUE:BHP) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

BHG:South Africa BHPLF:USA BHP:USA BHPN:Mexico BHPl:UK BHP:UK 0HN3:UK BHP1:Germany BHP:Germany BHP1:Germany BHP1:Germany BHP:Germany BHP:Australia

Address

171 Collins Street, Level 18, Melbourne, VIC, AUS, 3000

Website

https://www.bhp.com

BHP is a global diversified miner mainly supplying iron ore and copper. The merger of BHP Limited and Billiton PLC created the present-day BHP Group. The dual-listed structure from the 2001 BHP and Billiton merger was collapsed in 2022. Major assets include Pilbara iron ore and Escondida copper. Onshore US oil and gas assets were sold in 2018 and the remaining Petroleum assets were spun off and merged with Woodside in 2022, with BHP vesting the Woodside shares it received to BHP shareholders. It purchased copper miner Oz Minerals in fiscal 2023 and is entering the potash market through the development of its Jansen project in Canada. However, due to low nickel prices, BHP placed its nickel business on care and maintenance in 2024.