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NetEnt AB (OSTO:NET IL B.PFD) 3-Year Share Buyback Ratio : 0.10% (As of Sep. 2020)


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What is NetEnt 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. NetEnt AB's current 3-Year Share Buyback Ratio was 0.10%.

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

OSTO:NET IL B.PFD' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -0.4   Med: -0.3   Max: 0.1
Current: 0.1

During the past 13 years, NetEnt AB's highest 3-Year Share Buyback Ratio was 0.10%. The lowest was -0.40%. And the median was -0.30%.

OSTO:NET IL B.PFD's 3-Year Share Buyback Ratio is not ranked
in the Interactive Media industry.
Industry Median: -1.1 vs OSTO:NET IL B.PFD: 0.10

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

For the Electronic Gaming & Multimedia subindustry, NetEnt 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.


NetEnt AB's 3-Year Share Buyback Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NetEnt AB's 3-Year Share Buyback Ratio distribution charts can be found below:

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


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NetEnt 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.


NetEnt AB (OSTO:NET IL B.PFD) 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.


NetEnt AB 3-Year Share Buyback Ratio Related Terms

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


NetEnt AB Business Description

Traded in Other Exchanges
N/A
Address
Vasagatan 16, Stockholm, SWE, SE-111 20
NetEnt AB is a Swedish company that is involved in the entertainment business and primarily develops and sells casino systems and game applications. The company's gaming portfolio comprises various game categories, including video slots, the firm's most popular category; branded games; live casino; table games; video poker; lottery and other; mini games; and pooled jackpot games. NetEnt and its customers, which are casino operators, work according to a partnership model where gaming operators pay a monthly license fee to NetEnt calculated as a percentage of the game win generated by NetEnt's games. Outside Sweden, the firm has expanded across Europe, namely in Spain and the United Kingdom, as well as New Jersey in the United States.

NetEnt AB Headlines

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