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Prodigy Gold NL (ASX:PRX) 6-Month Share Buyback Ratio : -33.27% (As of Dec. 2024 )


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What is Prodigy Gold NL 6-Month Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

6-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past six months, calculated as the percentage change in shares outstanding from two quarters ago to the current quarter. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Prodigy Gold NL's current 6-Month Share Buyback Ratio was -33.27%.


Competitive Comparison of Prodigy Gold NL's 6-Month Share Buyback Ratio

For the Gold subindustry, Prodigy Gold NL's 6-Month Share Buyback Ratio, along with its competitors' market caps and 6-Month 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.


Prodigy Gold NL's 6-Month Share Buyback Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Prodigy Gold NL's 6-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Prodigy Gold NL's 6-Month Share Buyback Ratio falls into.


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Prodigy Gold NL 6-Month Share Buyback Ratio Calculation

Prodigy Gold NL's 6-Month Share Buyback Ratio for the quarter that ended in Dec. 2024 is calculated as

6-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Jun. 2024 ) - Shares Outstanding (EOP) (Dec. 2024 )) / Shares Outstanding (EOP) (Jun. 2024 )
=(2382.496 - 3175.056) / 2382.496
=-33.27%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Prodigy Gold NL  (ASX:PRX) 6-Month Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.


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.


Prodigy Gold NL 6-Month Share Buyback Ratio Related Terms


Prodigy Gold NL Business Description

Traded in Other Exchanges
N/A
Address
67 Smith Street, Level 1, Darwin, NT, AUS, 0800
Prodigy Gold NL is a gold exploration company. Its exploration project portfolio comprises the Lake Mackay Project, Buccaneer Project, North Arunta Project, Hyperion Project, Tobruk and Monza JV Projects, Old Pirate Project, and Mineral Resource Statement. The group has one operating segment reportable as exploration.

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