Medicover AB (OSTO:MCOV B) 3-Year Share Buyback Ratio : -0.40% (As of Mar. 2025)

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What is Medicover AB 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. Medicover AB's current 3-Year Share Buyback Ratio was -0.40%.

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

OSTO:MCOV B' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -3.8 Med: -3.6 Max: -0.3
Current: -0.4

During the past 11 years, Medicover AB's highest 3-Year Share Buyback Ratio was -0.30%. The lowest was -3.80%. And the median was -3.60%.

OSTO:MCOV B's 3-Year Share Buyback Ratio is ranked better than
63.81% of 467 companies
in the Healthcare Providers & Services industry
Industry Median: -1.6 vs OSTO:MCOV B: -0.40

Competitive Comparison of Medicover AB's 3-Year Share Buyback Ratio

For the Medical Care Facilities subindustry, Medicover AB'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.

Medicover AB's 3-Year Share Buyback Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Medicover AB's 3-Year Share Buyback Ratio distribution charts can be found below:

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

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Medicover AB 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.

Medicover AB (OSTO:MCOV B) 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.

Medicover AB 3-Year Share Buyback Ratio Related Terms

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

Medicover AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Medicover AB (OSTO:MCOV B) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

MCVEF:USA MCOVBs:UK 0RPS:UK 5M0B:Germany

Address

Riddargatan 12A, P.O. Box 5283, Stockholm, SWE, SE-102 46

Website

https://www.medicover.com

Medicover AB is an international healthcare and diagnostic services, provider. It offers a broad spectrum of healthcare services via an extensive network of ambulatory clinics, hospitals, specialty-care facilities, and laboratories. The company offers its services through two segments; Diagnostic Services offer a broad range of laboratory testing in all clinical pathology areas in Germany, Romania, Poland, and Ukraine; and Healthcare Services offer high-quality care based on an Integrated Healthcare Model and Fee-For-Service in Poland, India, and Romania. It generates maximum revenue from the Healthcare Services segment. Geographically, it derives a majority of its revenue from Poland and also has a presence in Romania; Germany; Ukraine; India, and Other Countries.

Medicover AB Headlines

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