Soundvest Split Trust (TSX:BSD.PR.A.PFD) 3-Year Share Buyback Ratio : 12.40% (As of Dec. 2018)

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What is Soundvest Split Trust 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. Soundvest Split Trust's current 3-Year Share Buyback Ratio was 12.40%.

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

TSX:BSD.PR.A.PFD' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -30.9 Med: 12.4 Max: 21.2
Current: 12.4

During the past 11 years, Soundvest Split Trust's highest 3-Year Share Buyback Ratio was 21.20%. The lowest was -30.90%. And the median was 12.40%.

TSX:BSD.PR.A.PFD's 3-Year Share Buyback Ratio is not ranked
in the Asset Management industry.
Industry Median: -0.9 vs TSX:BSD.PR.A.PFD: 12.40

Competitive Comparison of Soundvest Split Trust's 3-Year Share Buyback Ratio

For the Asset Management subindustry, Soundvest Split Trust'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.

Soundvest Split Trust's 3-Year Share Buyback Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Soundvest Split Trust's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Soundvest Split Trust's 3-Year Share Buyback Ratio falls into.

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Soundvest Split Trust 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.

Soundvest Split Trust (TSX:BSD.PR.A.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.

Soundvest Split Trust 3-Year Share Buyback Ratio Related Terms

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

Soundvest Split Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Soundvest Split Trust (TSX:BSD.PR.A.PFD) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Sparks Street, 9th Floor, Ottawa, ON, CAN, K1P 5B7

Website

http://www.soundvestcapital.com

Soundvest Split Trust is a Canada based fund. It invests in a diversified portfolio consisting of common and preferred shares of Canadian issuers, income securities, bonds and debentures, income trusts, real estate investment trusts (REITs), Canadian mortgage-backed securities, and cash and cash equivalents. The fund's investment objectives are to provide unitholders with a stable stream of quarterly distributions and maximize long-term total return to unitholders. Geographically, the company operates in Canada region.

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