Ciena (FRA:CIE1) Buyback Yield % : 4.99 (As of Jun. 07, 2024)

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What is Ciena 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.

Ciena's current buyback yield was 4.99%.

Ciena Buyback Yield % Historical Data

The historical data trend for Ciena'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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Ciena Buyback Yield % Chart

Ciena Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Buyback Yield %

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2.77

1.29

1.26

7.42

4.19

Ciena Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Buyback Yield %	Get a 7-Day Free Trial															0.51	3.16	12.98	1.65	4.05

Competitive Comparison of Ciena's Buyback Yield %

For the Communication Equipment subindustry, Ciena'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.

Ciena's Buyback Yield % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ciena's Buyback Yield % distribution charts can be found below:

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

Ciena Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

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

Buyback Yield	=	Net Issuance of Stock			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	/	Market Cap
	=	- (-265.83	+	29.695)	/	5633.887
	=	4.19%

Ciena's annualized Buyback Yield for the quarter that ended in Apr. 2024 is calculated as

Buyback Yield	=	Net Issuance of Stock		(Annualized)			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	*	Annualized Factor	/	Market Cap
	=	- (-64.284	+	-0.054)	*	4	/	6353.02976
	=	4.05%

In calculating the annualized quarterly data, the Repurchase of Stock and Issuance of Stock data used here is four times the quarterly (Apr. 2024) data.

Ciena Buyback Yield % Related Terms

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Ciena (FRA:CIE1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ciena Corp (FRA:CIE1) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

CIEN:USA CIEN:Mexico 1CIEN:Italy CIE1:Germany

Address

7035 Ridge Road, Hanover, MD, USA, 21076

Website

https://www.ciena.com

Ciena Corp is a network and technology company. It provides network hardware, software, and services that support the transport, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks. It serves various industries such as communication services providers, web-scale providers, cable operators, government, and large enterprises world-wide. The business activities function through Networking Platforms; Platform Software and Services; Blue Planet Automation Software, and Global Services segments. Geographically, its presence is seen in the markets of the United States, Canada, the Caribbean, Latin America, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India. The maximum revenue is generated from Americas.

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