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Innergex Renewable Energy (TSX:INE.PR.C.PFD) 3-Year Share Buyback Ratio : -1.60% (As of Mar. 2025)


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What is Innergex Renewable Energy 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. Innergex Renewable Energy's current 3-Year Share Buyback Ratio was -1.60%.

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

TSX:INE.PR.C.PFD' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -58.5   Med: -8.8   Max: -1.6
Current: -1.6

During the past 13 years, Innergex Renewable Energy's highest 3-Year Share Buyback Ratio was -1.60%. The lowest was -58.50%. And the median was -8.80%.

TSX:INE.PR.C.PFD's 3-Year Share Buyback Ratio is ranked better than
67.12% of 219 companies
in the Utilities - Independent Power Producers industry
Industry Median: -4.7 vs TSX:INE.PR.C.PFD: -1.60

Competitive Comparison of Innergex Renewable Energy's 3-Year Share Buyback Ratio

For the Utilities - Renewable subindustry, Innergex Renewable Energy'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.


Innergex Renewable Energy's 3-Year Share Buyback Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Innergex Renewable Energy's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Innergex Renewable Energy's 3-Year Share Buyback Ratio falls into.


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Innergex Renewable Energy 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.


Innergex Renewable Energy (TSX:INE.PR.C.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.


Innergex Renewable Energy 3-Year Share Buyback Ratio Related Terms

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


Innergex Renewable Energy Business Description

Address
1225 Saint-Charles Street West, 10th Floor, Longueuil, QC, CAN, J4K 0B9
Innergex Renewable Energy Inc is an independent Canadian renewable power producer. It develops, acquires, owns, and operates hydroelectric, wind, and solar facilities in Canada, the United States, France, and Chile. The company operates into three segments:; hydroelectric power generation; wind power generation; and solar power generation. It derives maximum revenue from Hydroelectric segment. Geogeraphically, the company operates into Canada, France, Chile and United States, of which Canada derives maximum revenue.

Innergex Renewable Energy Headlines

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