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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. Norse Atlantic ASA's current 3-Year Share Buyback Ratio was -44.30%.
The historical rank and industry rank for Norse Atlantic ASA's 3-Year Share Buyback Ratio or its related term are showing as below:
OSL:NORSE'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -75.2 Med: -59.75 Max: -44.3
Current: -44.3
During the past 5 years, Norse Atlantic ASA's highest 3-Year Share Buyback Ratio was -44.30%. The lowest was -75.20%. And the median was -59.75%.
OSL:NORSE's 3-Year Share Buyback Ratio is ranked worse than 94.75% of 533
companies
in the Transportation industry
Industry Median: -0.4
vs OSL:NORSE: -44.30
Norse Atlantic ASA (OSL:NORSE) 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.
Norse Atlantic ASA 3-Year Share Buyback Ratio Related Terms
OSL:NORSE vs DAL, UAL, LUV: 3-Year Share Buyback Ratio Comparison
For the Airlines subindustry, Norse Atlantic ASA'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.
Norse Atlantic ASA 3-Year Share Buyback Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Norse Atlantic ASA's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Norse Atlantic ASA's 3-Year Share Buyback Ratio falls into.
Norse Atlantic ASA 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 -44.30 mean?
Norse Atlantic ASA (OSL:NORSE) has a 3-Year Share Buyback Ratio of -44.30 as of Jun. 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 Norse Atlantic ASA and its competitors. According to the industry distribution chart, Norse Atlantic ASA ranks #505 out of 533 companies in the Transportation industry, placing it in the top 94.7%.
Is Norse Atlantic ASA's 3-Year Share Buyback Ratio too high?
Norse Atlantic ASA's current 3-Year Share Buyback Ratio is -44.30. Based on the distribution chart, Norse Atlantic ASA ranks #505 out of 533 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Norse Atlantic ASA has a GF Score™ of 31/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Norse Atlantic ASA's 3-Year Share Buyback Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Norse Atlantic ASA ranks #505 out of 533 companies for 3-Year Share Buyback Ratio. This places Norse Atlantic ASA 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 a Transportation company?
A good 3-Year Share Buyback Ratio depends on the Transportation 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 Norse Atlantic ASA and its competitors. Norse Atlantic ASA's current 3-Year Share Buyback Ratio is -44.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norse Atlantic ASA stock overvalued right now?
Based on GuruFocus' analysis, Norse Atlantic ASA (OSL:NORSE) is currently considered Possible Value Trap. The stock's GF Value™ is kr1.66, compared to a current price of kr0.30 — trading 82% below its estimated fair value. The current 3-Year Share Buyback Ratio is -44.30. Norse Atlantic ASA's overall GF Score™ is 31/100 with 6 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 Norse Atlantic ASA (OSL:NORSE), the current 3-Year Share Buyback Ratio is -44.30 as of Jun. 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 Norse Atlantic ASA (OSL:NORSE) Overvalued in 2026?
Based on GuruFocus' analysis, Norse Atlantic ASA stock appears to be undervalued.
The current stock price of kr0.30 is trading 82% below its estimated GF Value™ of kr1.66.
GuruFocus considers Norse Atlantic ASA to be Possible Value Trap.
Key valuation signals for OSL:NORSE:
3-Year Share Buyback Ratio: -44.30
GF Value™: kr1.66 vs. price of kr0.30 (82% below fair value)
No single metric tells the full story. See the OSL:NORSE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norse Atlantic ASA is an airline offering affordable fares on direct, long-haul flights to popular destinations, along with specialized charter and ACMI services for tailored travel needs and extensive cargo operations. It operates a modern fleet of various fuel-efficient Boeing 787 Dreamliners, serving a network of destinations across North America, Europe, Africa, and Asia. Norse also provides charter flights for third parties, particularly during the lower-demand winter season. The company derives the majority of its revenue from passenger airfare income, followed by ancillary passenger income, lease rentals, charter income, and other sources. Geographically, it generates maximum revenue from the United States, and the rest from the United Kingdom, the Rest of Europe, Norway, and India.
31GF Score
Get the complete analysis for OSL:NORSE
3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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