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Definity Financial (FRA:XR6) Buyback Yield % : 0.08 (As of Jun. 09, 2024)


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What is Definity Financial 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.

Definity Financial's current buyback yield was 0.08%.


Definity Financial Buyback Yield % Historical Data

The historical data trend for Definity Financial'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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Definity Financial Buyback Yield % Chart

Definity Financial Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Buyback Yield %
- - 1.22 0.33

Definity Financial Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Buyback Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 - - - 0.33

Competitive Comparison of Definity Financial's Buyback Yield %

For the Insurance - Property & Casualty subindustry, Definity Financial'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.


Definity Financial's Buyback Yield % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Definity Financial's Buyback Yield % distribution charts can be found below:

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



Definity Financial Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Definity Financial'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
=- (-9.501 + 0) / 2849.3464
=0.33%

Definity Financial's annualized Buyback Yield for the quarter that ended in Mar. 2024 is calculated as

Buyback Yield=Net Issuance of Stock(Annualized) / Market Cap
=- (Repurchase of Stock + Issuance of Stock) * Annualized Factor / Market Cap
=- (-2.787 + 0) * 4 / 3363.6356
=0.33%

* 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.

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


Definity Financial Buyback Yield % Related Terms

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Definity Financial (FRA:XR6) Business Description

Traded in Other Exchanges
Address
111 Westmount Road South, Waterloo, ON, CAN, N2L 2L6
Definity Financial Corp is a multi-channel, property, and casualty insurance company. It offers auto, property, liability, and pet insurance products to individual customers. Its commercial insurance products include fleet, individually-rated commercial auto, property, liability, and specialty insurance products.

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