What is Calithera Biosciences 5-Year Share Buyback Ratio?
Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
5-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past five years. It is calculated as the annualized percentage change in shares outstanding from five 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. Calithera Biosciences's current 5-Year Share Buyback Ratio was 0.00%.
CALA's 5-Year Share Buyback Ratio is not ranked *
in the Biotechnology industry.
Industry Median: -9.7 * Ranked among companies with meaningful 5-Year Share Buyback Ratio only.
Competitive Comparison of Calithera Biosciences's 5-Year Share Buyback Ratio
For the Biotechnology subindustry, Calithera Biosciences's 5-Year Share Buyback Ratio, along with its competitors' market caps and 5-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.
Calithera Biosciences's 5-Year Share Buyback Ratio Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Calithera Biosciences's 5-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Calithera Biosciences's 5-Year Share Buyback Ratio falls into.
Calithera Biosciences 5-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from five years ago to the current year. The annualized percentage change is calculated with least-square regression based on the latest six 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.
Calithera Biosciences (OTCPK:CALA) 5-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.
Calithera Biosciences 5-Year Share Buyback Ratio Related Terms
Thank you for viewing the detailed overview of Calithera Biosciences's 5-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Calithera Biosciences Inc is a clinical-stage pharmaceutical company. The business activity of the firm functions through the region of the United States. It focuses on discovering and developing small molecule drugs directed against tumor and immune cell targets that control key metabolic pathways in the tumor microenvironment. Its product candidate is CB-839, an inhibitor of glutaminase for the treatment of solid tumors. Its other product candidate, CB-1158, is being developed for hematology and oncology indications.
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