Commonwealth Bank of Australia (ASX:CBAPK.PFD) 3-Year Share Buyback Ratio : 1.90% (As of Dec. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Commonwealth Bank of Australia 3-Year Share Buyback Ratio?

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. Commonwealth Bank of Australia's current 3-Year Share Buyback Ratio was 1.90%.

The historical rank and industry rank for Commonwealth Bank of Australia's 3-Year Share Buyback Ratio or its related term are showing as below:

ASX:CBAPK.PFD' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -15.6 Med: -1.1 Max: 2.6
Current: 1.9

During the past 13 years, Commonwealth Bank of Australia's highest 3-Year Share Buyback Ratio was 2.60%. The lowest was -15.60%. And the median was -1.10%.

ASX:CBAPK.PFD's 3-Year Share Buyback Ratio is ranked better than
86.94% of 1080 companies
in the Banks industry
Industry Median: -0.3 vs ASX:CBAPK.PFD: 1.90

Competitive Comparison of Commonwealth Bank of Australia's 3-Year Share Buyback Ratio

For the Banks - Diversified subindustry, Commonwealth Bank of Australia'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.

Commonwealth Bank of Australia's 3-Year Share Buyback Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Commonwealth Bank of Australia's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Commonwealth Bank of Australia's 3-Year Share Buyback Ratio falls into.

Save Embed

;

Save Embed

;

Commonwealth Bank of Australia 3-Year Share Buyback Ratio Calculation

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.

Commonwealth Bank of Australia (ASX:CBAPK.PFD) 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.

Commonwealth Bank of Australia 3-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Commonwealth Bank of Australia's 3-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Commonwealth Bank of Australia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Commonwealth Bank of Australia (ASX:CBAPK.PFD) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

CMWAY:USA CBAUF:USA CWW:Germany CBAPJ.PFD:Australia CBAPI.PFD:Australia CBAPH.PFD:Australia CBAPG.PFD:Australia CBA:Australia

Address

11 Harbour Street, Commonwealth Bank Place South, Level 1, Sydney, NSW, AUS, 2000

Website

https://www.commbank.com.au

Commonwealth Bank is Australia's largest bank with operations spanning Australia, New Zealand, and Asia. Its core business is the provision of retail, business, and institutional banking services. The bank has emphasized its focus on banking in recent years with a numbers of asset divestments in wealth management and insurance.

Commonwealth Bank of Australia Headlines

No Headlines