Atlas (SSWPC_CL.PFD) 5-Year Share Buyback Ratio : -15.10% (As of Jun. 2023)

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What is Atlas 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. Atlas's current 5-Year Share Buyback Ratio was -15.10%.

SSWpC_CL.PFD's 5-Year Share Buyback Ratio is not ranked
in the Asset Management industry.
Industry Median: -1.3 vs SSWpC_CL.PFD: -15.10

Competitive Comparison of Atlas's 5-Year Share Buyback Ratio

For the Asset Management subindustry, Atlas'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.

Atlas's 5-Year Share Buyback Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Atlas's 5-Year Share Buyback Ratio distribution charts can be found below:

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

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Atlas 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.

Atlas (NYSE:SSWpC_CL.PFD) 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.

Atlas 5-Year Share Buyback Ratio Related Terms

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Atlas Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Atlas Corp (NYSE:SSWpC_CL.PFD) » Definitions » 5-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

ATCOpH.PFD:USA ATCOpD.PFD:USA

Address

23 Berkeley Square, London, GBR, W1J 6HE

Website

https://www.atlascorporation.com

Atlas Corp is a global asset manager and the parent company of Seaspan and APR Energy. Its vessel leasing segment, which is conducted through Seaspan, owns and operates a fleet of vessels that it charters to major liner companies. The company deploys its vessels on long-term, fixed-rate time charters to take advantage of the stable cash flow and high utilization rates that are typically associated with long-term time charters.