Legible (XCNQ:READ) Buyback Yield % : -3.67 (As of May. 27, 2024)

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What is Legible Buyback Yield %?

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

Legible's current buyback yield was -3.67%.

Legible Buyback Yield % Historical Data

The historical data trend for Legible's Buyback Yield % 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.

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Legible Buyback Yield % Chart

Legible Annual Data

Trend

Jun20

Jun21

Dec22

Dec23

Buyback Yield %

-6.54

-14.42

Legible Quarterly Data
	Mar20	Jun20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Buyback Yield %	Get a 7-Day Free Trial									-	-	-21.69	-	-

Competitive Comparison of Legible's Buyback Yield %

For the Publishing subindustry, Legible's Buyback Yield %, along with its competitors' market caps and Buyback Yield % 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.

Legible's Buyback Yield % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Legible's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Legible's Buyback Yield % falls into.

Legible Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Legible's Buyback Yield for the fiscal year that ended in Dec. 2023 is calculated as

Buyback Yield	=	Net Issuance of Stock			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	/	Market Cap
	=	- (0	+	2.5)	/	17.34304
	=	-14.42%

Legible's annualized Buyback Yield for the quarter that ended in Dec. 2023 is calculated as

Buyback Yield	=	Net Issuance of Stock		(Annualized)			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	*	Annualized Factor	/	Market Cap
	=	- (0	+	0)	*	4	/	17.34304
	=	0.00%

In calculating the annualized quarterly data, the Repurchase of Stock and Issuance of Stock data used here is four times the quarterly (Dec. 2023) data.

Legible Buyback Yield % Related Terms

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Legible (XCNQ:READ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Legible Inc (XCNQ:READ) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

LEBGF:USA D0T:Germany

Address

2230 Ontario Street, Vancouver, BC, CAN, V5T 2X2

Website

https://www.legible.com/about

Legible Inc is a book entertainment and media company. The Company has developed two high-value verticals; firstly, a browser first accessible B2C eBook entertainment platform for the emerging web with high-growth potential called legible.com - an eBook entertainment platform delivering beautiful, accessible & immersive reading for next-generation readers; and secondly, a B2B eBook conversion and production service with high-revenue potential called Legible Publishing.

Executives

Angela Jean Doll

Senior Officer

Legible (XCNQ:READ) Headlines

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