ReadSoft AB (OSTO:RSOF B) 3-Year Share Buyback Ratio : -1.40% (As of Jun. 2014)

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What is ReadSoft 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. ReadSoft AB's current 3-Year Share Buyback Ratio was -1.40%.

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

OSTO:RSOF B' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -2.4 Med: -0.85 Max: 2.7
Current: -1.4

During the past 13 years, ReadSoft AB's highest 3-Year Share Buyback Ratio was 2.70%. The lowest was -2.40%. And the median was -0.85%.

OSTO:RSOF B's 3-Year Share Buyback Ratio is not ranked
in the Software industry.
Industry Median: -1.8 vs OSTO:RSOF B: -1.40

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

For the Software - Application subindustry, ReadSoft 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.

ReadSoft AB's 3-Year Share Buyback Ratio Distribution in the Software Industry

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

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

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ReadSoft 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.

ReadSoft AB (OSTO:RSOF 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.

ReadSoft AB 3-Year Share Buyback Ratio Related Terms

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

ReadSoft AB Business Description

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ReadSoft AB is a Sweden-based company that creates and markets software and services for document automation, processes such as data entry, information verification, document workflows, and e-voicing. The company operates in over 16 countries worldwide, with partnerships in an additional 70. The company offers solutions primarily for industries such as banking, manufacturing, service bureaus, market research, insurance, government, and medical. Major customers include IKEA, Audi, Porsche, Yves Rocher, Swedish Tax, DaimlerChrysler, HSBS Bank, Avon, Bosch, London Underground, New York Transit, Toyota, Volvo, Monoprix, Ericsson, and ING. The company is headquartered in Helsingborg, Sweden. The company offers ReadSoft DOCUMENTS, a complete software platform for document automation. The product incorporates five Automation Areas: Capture, capturing the information in any format and making it ready for electronic processing; Understand, enabling the computer to read, sort, interpret, extract, and index documents electronically; Manage, providing customers with control of electronic documents, including the verification and quality control with archiving and monitoring capabilities; Integrate, integration with the business software; and Interchange, Electronic Data Interchange. Capabilities within each Automation Area are customized to the needs of the customer, and solutions can be expanded to include any required extra capabilities. Also, this software can be integrated with systems such as SAP and Oracle E-Business Suite, Intentia, and IFS. ReadSoft business solutions for specific areas include: ReadSoft Documents for Mailrooms, Documents for EDI, Documents for Invoices, and Documents for Forms. Additionally, the company offers Professional Services such as project management and customization, Solution Optimization, Training, and Technical Support.

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