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Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three 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. Ocean Power Technologies's current 3-Year Share Buyback Ratio was -5.30%.
The historical rank and industry rank for Ocean Power Technologies's 3-Year Share Buyback Ratio or its related term are showing as below:
During the past 13 years, Ocean Power Technologies's highest 3-Year Share Buyback Ratio was -0.60%. The lowest was -285.20%. And the median was -41.80%.
For the Specialty Industrial Machinery subindustry, Ocean Power Technologies's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-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.
For the Industrial Products industry and Industrials sector, Ocean Power Technologies's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Ocean Power Technologies's 3-Year Share Buyback Ratio falls into.
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four 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.
Ocean Power Technologies (AMEX:OPTT) 3-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.
Thank you for viewing the detailed overview of Ocean Power Technologies's 3-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Peter E. Slaiby | director | 28 ENGELHARD DRIVE,, SUITE B, MONROE TOWNSHIP NJ 08831 |
Terence James Cryan | director | 2 HAMPSHIRE RD, BRONXVILLE NY 10708 |
Robert Patrick Powers | officer: Senior VP and CFO | 968 ALBANY SHAKER ROAD, LATHAM NY 12110 |
Philipp Stratmann | officer: President and CEO | 28 ENGELHARD DRIVE, SUITE B, MONROE TOWNSHIP NJ 08831 |
Lorenz Anderson Natalie M. | director | 28 ENGELHARD DRIVE, SUITE B, MONROE TOWNSHIP NJ 08831 |
Joseph Dipietro | officer: Controller and Treasurer | 28 ENGELHARD DRIVE, SUITE B, MONROE TOWNSHIP NJ 08831 |
Robert K Winters | director | 280 6TH AVENUE, BROOKLYN NY 11215 |
Diana G Purcel | director | C/O FAMOUS DVES OF AMERICA INC, 8091 WALLACE ROAD, EDEN PRAIRIE MN 55344 |
Clyde W Hewlett | director | 28, ENGLAND DRIVE, SUITE B, MONROE TOWNSHIP NJ 08831 |
Kirby George H Iii | director, officer: President, CEO, and Director | 28 ENGELHARD DRIVE, MONROE TOWNSHIP NJ 08831 |
Dean J Glover | director | C/O GLOBAL POWER EQUIPMENT GROUP INC., 5199 N. MINGO ROAD, TULSA OK 74117 |
Kristine S Moore | director | 28 ENGELHARD DRIVE, PENNINGTON NJ 08831 |
Steven M Fludder | director | 264 NANTASKET ROAD, HULL MA 02045 |
Christopher Phebus | officer: Vice President - Engineering | 28 ENGELHARD DRIVE, MONOROE TOWNSHIP NJ 08831 |
Matthew T Shafer | officer: CFO and Treasurer | 1590 REED ROAD, PENNINGTON NJ 08534 |
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