CI Financial (TSX:CIX) 3-Year Share Buyback Ratio : 10.10% (As of Mar. 2025)

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What is CI Financial 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. CI Financial's current 3-Year Share Buyback Ratio was 10.10%.

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

TSX:CIX' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -18.8 Med: 0.9 Max: 10.1
Current: 10.1

During the past 13 years, CI Financial's highest 3-Year Share Buyback Ratio was 10.10%. The lowest was -18.80%. And the median was 0.90%.

TSX:CIX's 3-Year Share Buyback Ratio is ranked better than
96.91% of 1165 companies
in the Asset Management industry
Industry Median: -0.9 vs TSX:CIX: 10.10

Competitive Comparison of CI Financial's 3-Year Share Buyback Ratio

For the Asset Management subindustry, CI Financial'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.

CI Financial's 3-Year Share Buyback Ratio Distribution in the Asset Management Industry

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

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

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CI Financial 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.

CI Financial (TSX:CIX) 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.

CI Financial 3-Year Share Buyback Ratio Related Terms

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

CI Financial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » CI Financial Corp (TSX:CIX) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

CIXXF:USA CF7:Germany

Address

15 York Street, 2nd Floor, Legal Department, Toronto, ON, CAN, M5J 0A3

Website

https://www.cifinancial.com

CI Financial is a provider of asset- and wealth-management products and services. The company has a decent share in the Canadian fund market (fifth behind Royal Bank of Canada, Toronto-Dominion, IGM Financial, and Fidelity at the end of last year) and remains the second-largest non-bank-affiliated asset manager in the Canadian market, with CAD 135.4 billion in assets under management (including CAD 36.0 billion in AUM managed for its CI Assante Wealth Management, CI Private Counsel, and Aligned Capital Partners subsidiaries) at the end of September. The firm also had CAD 350.7 billion in assets under advisement (including CAD 250.6 billion from its US wealth-management operations and CAD 100.1 billion from its Canadian wealth-management partners) and CAD 31.9 billion in custody assets.

Executives

Brigette Elizabeth Chang	Director
Paul Perrow	Director
William Thomas Holland	Director
Yvette Zhang	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Hoi Sha Elsa Li	Director or Senior Officer of 10% Security Holder
Jennifer Francine Sinopoli	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Manisha Burman	Senior Officer
Darie Urbanky	Senior Officer
Amarjit Kaur Anderson	Senior Officer
Julie Lynn Silcox	Senior Officer
Kurt Macalpine	Director, Senior Officer
Christopher James Enright	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Sean Andrew Etherington	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Marc-andre Lewis	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Amit Muni	Senior Officer