This is the average share buyback rate of the company over the past 3 years. A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
The historical rank and industry rank for Tencent Holdings's 3-Year Average Share Buyback Ratio or its related term are showing as below:
HKSE:00700'
s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -1.7 Med: -0.5 Max: -0.3
Current: -0.3
During the past years, Tencent Holdings's highest 3-Year Average Share Buyback Ratio was -0.30. The lowest was -1.70. And the median was -0.50.
HKSE:00700's 3-Year Average Share Buyback Ratio is ranked better than 72.92% of 421
companies
in the Interactive Media industry
Industry Median: -2.90
vs HKSE:00700: -0.30
Tencent Holdings 3-Year Average Share Buyback Ratio Historical Data
The historical data trend for Tencent Holdings's 3-Year Average Share Buyback Ratio can be seen below:
* 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.
* Premium members only.
Tencent Holdings Annual Data
Trend
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
3-Year Average Share Buyback Ratio
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-
-
-
-
Tencent Holdings Quarterly Data
Jun17
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
3-Year Average Share Buyback Ratio
-
-
-
-
-
Competitive Comparison
For the Internet Content & Information subindustry, Tencent Holdings's 3-Year Average Share Buyback Ratio, along with its competitors' market caps and 3-Year Average 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.
Tencent Holdings 3-Year Average Share Buyback Ratio Distribution
For the Interactive Media industry and Communication Services sector, Tencent Holdings's 3-Year Average Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Tencent Holdings's 3-Year Average Share Buyback Ratio falls into.
Tencent Holdings 3-Year Average Share Buyback Ratio Calculation
This is the average share buyback rate of the company over the past 3 years.
Tencent Holdings (HKSE:00700) 3-Year Average 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.
Tencent Holdings 3-Year Average Share Buyback Ratio Related Terms
Thank you for viewing the detailed overview of Tencent Holdings's 3-Year Average Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Tencent is arguably the most influential internet firm in China as one can hardly go by a day without using its products. Tencent is the world's largest video game vendor and owns the world's top-grossing mobile game--Honor of Kings. Tencent also runs China's largest social media super app--WeChat. The app is now part of the fabric of life for Chinese people who use it to chat, shop, watch videos, play games, order food and taxis, and more. Equally as impressive as its own portfolio, Tencent is also among the world's largest venture capital and investment corporations. The firm is now one of the largest shareholders in leading tech companies like Meituan, JD, DiDi, Snap, PDD, Kuaishou, Epic Games, and more.
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