Crown Resorts (ASX:CWNHB.PFD) 3-Year Share Buyback Ratio : 0.50% (As of Dec. 2021)

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What is Crown Resorts 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. Crown Resorts's current 3-Year Share Buyback Ratio was 0.50%.

The historical rank and industry rank for Crown Resorts's 3-Year Share Buyback Ratio or its related term are showing as below:

ASX:CWNHB.PFD' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -3.3 Med: 1.3 Max: 2.4
Current: 0.5

During the past 13 years, Crown Resorts's highest 3-Year Share Buyback Ratio was 2.40%. The lowest was -3.30%. And the median was 1.30%.

ASX:CWNHB.PFD's 3-Year Share Buyback Ratio is not ranked
in the Travel & Leisure industry.
Industry Median: -1.5 vs ASX:CWNHB.PFD: 0.50

Competitive Comparison of Crown Resorts's 3-Year Share Buyback Ratio

For the Resorts & Casinos subindustry, Crown Resorts'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.

Crown Resorts's 3-Year Share Buyback Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Crown Resorts's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Crown Resorts's 3-Year Share Buyback Ratio falls into.

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Crown Resorts 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.

Crown Resorts (ASX:CWNHB.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.

Crown Resorts 3-Year Share Buyback Ratio Related Terms

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

Crown Resorts Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Crown Resorts Ltd (ASX:CWNHB.PFD) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Whiteman Street, Level 3, Crown Towers, Southbank, Melbourne, VIC, AUS, 3006

Website

https://www.crownresorts.com.au

Crown Resorts is Australia's largest hotel-casino company. Its flagship property is Crown Melbourne, an integrated complex with more than 2,600 electronic game machines, or EGMs, 540 tables, and three hotels. Crown also operates Crown Perth, a property with more than 2,500 EGMs, 350 tables, and three hotels. Crown has also obtained a licence to operate Sydney's second casino, Crown Sydney, centred on the VIP and premium gaming market. The company also operates Aspinall's, a boutique, premium-focussed casino in London.

Crown Resorts Headlines

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