AIICO Insurance (NSA:AIIC) 3-Year Share Buyback Ratio: 0.00% (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSA:AIIC AIICO Insurance PLC NSA:AIIC
44 GF Score
Price ₦4.10
GF Value ₦5.03
Valuation Modestly Undervalued
! 2 Warning Signs
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What is AIICO Insurance 3-Year Share Buyback Ratio?

AIICO Insurance NSA:AIIC 44 3-Year Share Buyback Ratio is 0.00 as of Mar. 2026. GuruFocus rates NSA:AIIC with a GF Score™ of 44/100 and a GF Value™ of ₦5.03 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 280 Insurance companies, AIICO Insurance ranks worse than 357142.5% on this metric.

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. AIICO Insurance's current 3-Year Share Buyback Ratio was 0.00%.

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

During the past 11 years, AIICO Insurance's highest 3-Year Share Buyback Ratio was 7.40%. The lowest was -16.00%. And the median was 0.00%.

NSA:AIIC's 3-Year Share Buyback Ratio is not ranked *
in the Insurance industry.
Industry Median: -0.1
* Ranked among companies with meaningful 3-Year Share Buyback Ratio only.

AIICO Insurance (NSA:AIIC) 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.


AIICO Insurance 3-Year Share Buyback Ratio Related Terms


NSA:AIIC vs BRK.A, AIG, HIG: 3-Year Share Buyback Ratio Comparison

For the Insurance - Diversified subindustry, AIICO Insurance'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.


AIICO Insurance 3-Year Share Buyback Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, AIICO Insurance's 3-Year Share Buyback Ratio distribution charts can be found below:

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


NSA:AIIC
44GF Score
AIICO Insurance PLC NSA:AIIC
3-Year Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AIICO Insurance 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 0.00 mean?
AIICO Insurance (NSA:AIIC) has a 3-Year Share Buyback Ratio of 0.00 as of Mar. 2026. 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 AIICO Insurance and its competitors. According to the industry distribution chart, AIICO Insurance ranks #999999 out of 280 companies in the Insurance industry.
Is AIICO Insurance's 3-Year Share Buyback Ratio too high?
AIICO Insurance's current 3-Year Share Buyback Ratio is 0.00. Based on the distribution chart, AIICO Insurance ranks #999999 out of 280 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, AIICO Insurance has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AIICO Insurance's 3-Year Share Buyback Ratio compare to BRK.A and AIG?
According to the Insurance industry distribution chart, AIICO Insurance ranks #999999 out of 280 companies for 3-Year Share Buyback Ratio. This places AIICO Insurance in the lower half of its industry. 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 an Insurance company?
A good 3-Year Share Buyback Ratio depends on the Insurance 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 AIICO Insurance and its competitors. AIICO Insurance's current 3-Year Share Buyback Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AIICO Insurance stock overvalued right now?
Based on GuruFocus' analysis, AIICO Insurance (NSA:AIIC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₦5.03, compared to a current price of ₦4.10 — trading 18.5% below its estimated fair value. The current 3-Year Share Buyback Ratio is 0.00. AIICO Insurance's overall GF Score™ is 44/100 with 2 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 AIICO Insurance (NSA:AIIC), the current 3-Year Share Buyback Ratio is 0.00 as of Mar. 2026. 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 AIICO Insurance (NSA:AIIC) Overvalued in 2026?

Based on GuruFocus' analysis, AIICO Insurance stock appears to be undervalued. The current stock price of ₦4.10 is trading 18.5% below its estimated GF Value™ of ₦5.03. GuruFocus considers AIICO Insurance to be Modestly Undervalued.

Key valuation signals for NSA:AIIC:

  • 3-Year Share Buyback Ratio: 0.00
  • GF Value™: ₦5.03 vs. price of ₦4.10 (18.5% below fair value)
  • GF Score™: 44/100 with 2 warning signs

No single metric tells the full story. See the NSA:AIIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AIICO Insurance Business Description

Address Churchgate Street, Plot PC 12, AIICO Plaza, Victoria Island, Lagos, NGA
AIICO Insurance PLC provides life and health insurance, general insurance, investment management, and pension management services as a means to create and protect wealth for individuals, families, and corporate customers in Nigeria. The company's key business areas include Life Insurance Business, Non-Life Insurance Business, Health, and Wealth Management, Deposit Administration, and Financial Services to organizations and private individuals. The group has four reportable segments: Life business, which generates maximum revenue, General business, Health management services, and Asset management. The life insurance segment offers savings, protection products and other long-term contracts. It comprises of whole life, term assurance, guaranteed pensions, pure endowment pensions and Others.
44GF Score

Get the complete analysis for NSA:AIIC

3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦4.10
Price
₦5.03
GF Value