Techstep ASA (OSL:TECH) 3-Year Share Buyback Ratio : -18.00% (As of Mar. 2025)

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What is Techstep ASA 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. Techstep ASA's current 3-Year Share Buyback Ratio was -18.00%.

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

OSL:TECH' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -148.7 Med: -17.5 Max: -3.4
Current: -18

During the past 13 years, Techstep ASA's highest 3-Year Share Buyback Ratio was -3.40%. The lowest was -148.70%. And the median was -17.50%.

OSL:TECH's 3-Year Share Buyback Ratio is ranked worse than
84.84% of 2071 companies
in the Software industry
Industry Median: -1.8 vs OSL:TECH: -18.00

Competitive Comparison of Techstep ASA's 3-Year Share Buyback Ratio

For the Software - Application subindustry, Techstep 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.

Techstep ASA's 3-Year Share Buyback Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Techstep ASA's 3-Year Share Buyback Ratio distribution charts can be found below:

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

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Techstep 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.

Techstep ASA (OSL:TECH) 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.

Techstep ASA 3-Year Share Buyback Ratio Related Terms

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

Techstep ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Techstep ASA (OSL:TECH) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Brynsalleen 4, Oslo, NOR, 0667

Website

https://www.techstep.io

Techstep ASA is a Nordic enabler of the mobile workplace, delivering a full range of devices and services to facilitate mobile workplaces. The company bundles mobile devices, software, information security, and expertise for its customers. Its Device Lifecycle Management Platform enables IT vendors to scale and optimise their Device-as-a-Service business, enhancing efficiency, control, and user experience at every lifecycle stage. In addition, the company offers various workplace devices and services such as mobile devices and accessories, laptops, device management and security services, and others. A majority of its revenue is generated from the provision of workplace devices for its clients. Geographically, it derives maximum revenue from Norway, followed by Sweden, Denmark, and Poland.