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Bytes Technology Group (CHIX:BYITL) 5-Year Share Buyback Ratio : -0.10% (As of Feb. 2025)


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What is Bytes Technology Group 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. Bytes Technology Group's current 5-Year Share Buyback Ratio was -0.10%.

CHIX:BYITl's 5-Year Share Buyback Ratio is ranked better than
80.78% of 1967 companies
in the Software industry
Industry Median: -2.6 vs CHIX:BYITl: -0.10

Competitive Comparison of Bytes Technology Group's 5-Year Share Buyback Ratio

For the Software - Infrastructure subindustry, Bytes Technology Group'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.

Bytes Technology Group's 5-Year Share Buyback Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Bytes Technology Group's 5-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Bytes Technology Group's 5-Year Share Buyback Ratio falls into.


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Bytes Technology Group 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.

Bytes Technology Group (CHIX:BYITl) 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.

Bytes Technology Group 5-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Bytes Technology Group's 5-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Bytes Technology Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Bytes Technology Group PLC (CHIX:BYITl) » Definitions » 5-Year Share Buyback Ratio
Comparable Companies
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Traded in Other Exchanges
BYI:South Africa BYIT:UK 9NY:Germany 9NY:Germany
Address
Randalls Way, Bytes House, Leatherhead, Surrey, GBR, KT22 7TW
Website
https://www.bytesplc.com
Bytes Technology Group PLC provides IT solutions and services, offering software, hardware, and cloud services. It enables effective and cost-efficient technology sourcing, adoption, and management across software, security, and cloud services. The company's brands include Bytes Software Services (BSS) which supports the corporate and public sector, and Phoenix Software which focuses on providing solutions to the public sector. It generates a majority of its revenue from software products. Geographically, the company derives its key revenue from the United Kingdom and the rest from Europe, and other regions.

Bytes Technology Group Headlines

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