MALDF (Macau Legend Development) 3-Year Share Buyback Ratio : 0.00% (As of Dec. 2024)

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What is Macau Legend Development 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. Macau Legend Development's current 3-Year Share Buyback Ratio was 0.00%.

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

During the past 13 years, Macau Legend Development's highest 3-Year Share Buyback Ratio was 0.90%. The lowest was -6.30%. And the median was 0.30%.

MALDF's 3-Year Share Buyback Ratio is not ranked ^*
in the Travel & Leisure industry.
Industry Median: -1.6
* Ranked among companies with meaningful 3-Year Share Buyback Ratio only.

Competitive Comparison of Macau Legend Development's 3-Year Share Buyback Ratio

For the Resorts & Casinos subindustry, Macau Legend Development'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.

Macau Legend Development's 3-Year Share Buyback Ratio Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Macau Legend Development's 3-Year Share Buyback Ratio falls into.

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Macau Legend Development 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.

Macau Legend Development (OTCPK:MALDF) 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.

Macau Legend Development 3-Year Share Buyback Ratio Related Terms

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

Macau Legend Development Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Macau Legend Development Ltd (OTCPK:MALDF) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

01680:Hong Kong

Address

Avenida da Amizade e Avenida da, Palace Building, Macau Fisherman’s Wharf, Dr. Sun Yat Sen, Macau, MAC

Website

http://www.macaulegend.com

Macau Legend Development Ltd is an investment holdings company. Its businesses include the provision of gaming services to SJM 's casino in its property, namely the Legend Palace Casino in MFW under the Service Agreement; and the operation of hotels, entertainment and leisure facilities within its properties. The company's segment includes: Gaming and Non-gaming. It derives maximum revenue from Non-Gaming segment, which includes operations at MFW including hotel and other operations such as licensing income from the shops, provision of building management service, food and beverage and others. The Group's operations are located on Macau and others (including Cambodia and Cape Verde).