GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sahaviriya Steel Industries PLC (BKK:SSI-R) » Definitions » 6-Month Share Buyback Ratio

Sahaviriya Steel Industries (BKK:SSI-R) 6-Month Share Buyback Ratio : 0.00% (As of Dec. 2019 )


View and export this data going back to 1994. Start your Free Trial

What is Sahaviriya Steel Industries 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. Sahaviriya Steel Industries's current 6-Month Share Buyback Ratio was 0.00%.


Competitive Comparison of Sahaviriya Steel Industries's 6-Month Share Buyback Ratio

For the Steel subindustry, Sahaviriya Steel Industries'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.


Sahaviriya Steel Industries's 6-Month Share Buyback Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Sahaviriya Steel Industries's 6-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Sahaviriya Steel Industries's 6-Month Share Buyback Ratio falls into.


;
;

Sahaviriya Steel Industries 6-Month Share Buyback Ratio Calculation

Sahaviriya Steel Industries's 6-Month Share Buyback Ratio for the quarter that ended in Dec. 2019 is calculated as

6-Month Share Buyback Ratio=(Shares Outstanding (EOP) (Jun. 2019 ) - Shares Outstanding (EOP) (Dec. 2019 )) / Shares Outstanding (EOP) (Jun. 2019 )
=(11113.018 - 11113.018) / 11113.018
=0.00%

* 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.


Sahaviriya Steel Industries  (BKK:SSI-R) 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.


Sahaviriya Steel Industries 6-Month Share Buyback Ratio Related Terms


Sahaviriya Steel Industries Business Description

Traded in Other Exchanges
N/A
Address
2nd - 3rd Floor, Surasak Road, 28/1 Prapawit Building, Kwang Silom, Khet Bangrak, Bangkok, THA, 10500
Sahaviriya Steel Industries PLC is a producer of hot-rolled steel sheet coils in Southeast Asia. The company's reportable segments consist of Manufacture of hot-rolled coils, Maintenance services, and Deep-sea port services. Its product includes hot-rolled steel sheet in coils and hot-rolled steel sheet pickled and oiled which is used as raw material for industries such as construction, pipe, and tube, gas cylinder, container, furniture, automotive, and cold rolled steel. In addition, it also supplies steel sheets to various sectors such as automobile, energy, transportation and construction sectors.

Sahaviriya Steel Industries Headlines

No Headlines