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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. International Business Machines's current 6-Month Share Buyback Ratio was -0.55%.
International Business Machines (CHIX:IBMd) 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.
International Business Machines 6-Month Share Buyback Ratio Related Terms
CHIX:IBMD vs ACN, FISV, CTSH: 6-Month Share Buyback Ratio Comparison
For the Information Technology Services subindustry, International Business Machines'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.
International Business Machines 6-Month Share Buyback Ratio vs Software Industry
For the Software industry and Technology sector, International Business Machines's 6-Month Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where International Business Machines's 6-Month Share Buyback Ratio falls into.
* 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.
What does a 6-Month Share Buyback Ratio of -0.55 mean?
International Business Machines (CHIX:IBMD) has a 6-Month Share Buyback Ratio of -0.55 as of Jun. 2026. The 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. View historical data for International Business Machines and its competitors.
Is International Business Machines' 6-Month Share Buyback Ratio too high?
International Business Machines' current 6-Month Share Buyback Ratio is -0.55. Overall, International Business Machines has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does International Business Machines' 6-Month Share Buyback Ratio compare to ACN and FISV?
International Business Machines' 6-Month Share Buyback Ratio of -0.55 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 6-Month Share Buyback Ratio for a Software company?
A good 6-Month Share Buyback Ratio depends on the Software industry context. However, 6-Month Share Buyback Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 6-Month Share Buyback Ratio mean?
A high 6-Month Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 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. View historical data for International Business Machines and its competitors. International Business Machines's current 6-Month Share Buyback Ratio is -0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Business Machines stock overvalued right now?
Based on GuruFocus' analysis, International Business Machines (CHIX:IBMD) is currently considered Fairly Valued. The stock's GF Value™ is €203.21, compared to a current price of €190.42 — trading 6.3% below its estimated fair value. The current 6-Month Share Buyback Ratio is -0.55. International Business Machines' overall GF Score™ is 76/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 6-Month Share Buyback Ratio calculated?
6-Month Share Buyback Ratio is calculated from a company's financial statements. For International Business Machines (CHIX:IBMD), the current 6-Month Share Buyback Ratio is -0.55 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is International Business Machines (CHIX:IBMD) Overvalued in 2026?
Based on GuruFocus' analysis, International Business Machines stock appears to be undervalued.
The current stock price of €190.42 is trading 6.3% below its estimated GF Value™ of €203.21.
GuruFocus considers International Business Machines to be Fairly Valued.
Key valuation signals for CHIX:IBMD:
6-Month Share Buyback Ratio: -0.55
GF Value™: €203.21 vs. price of €190.42 (6.3% below fair value)
No single metric tells the full story. See the CHIX:IBMD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
International Business Machines Business Description
Incorporated in 1911, International Business Machines, or IBM, is one of the oldest technology companies in the world. It provides software, IT consulting services, and hardware to help business customers modernize their technology workflows. IBM operates in 175 countries and employs approximately 300,000 people. The company has a robust roster of business partners to service its clients, which includes 95% of all Fortune 500 companies. IBM's products, including Red Hat, watsonx, and mainframes, handle some of the world's most important data workloads in areas like finance and retail.
76GF Score
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6-Month Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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