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Global Ship Lease (Global Ship Lease) Buyback Yield % : 2.34 (As of May. 19, 2024)


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What is Global Ship Lease 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.

Global Ship Lease's current buyback yield was 2.34%.

Global Ship Lease Buyback Yield % Historical Data

The historical data trend for Global Ship Lease'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.

* Premium members only.

Global Ship Lease Buyback Yield % Chart

Global Ship Lease Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buyback Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -32.25 0.03 -6.89 3.34 3.15

Global Ship Lease Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.40 6.01 4.10 2.13 0.89

Competitive Comparison of Global Ship Lease's Buyback Yield %

For the Rental & Leasing Services subindustry, Global Ship Lease'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.

Global Ship Lease's Buyback Yield % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Global Ship Lease's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where Global Ship Lease's Buyback Yield % falls into.


Global Ship Lease Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Global Ship Lease'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
=- (-21.969 + 0) / 697.432106
=3.15%

Global Ship Lease'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
=- (-1.548 + 0) * 4 / 697.432106
=0.89%

* 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 (Dec. 2023) data.

Global Ship Lease Buyback Yield % Related Terms

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Global Ship Lease (Global Ship Lease) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Global Ship Lease Inc (NYSE:GSL) » Definitions » Buyback Yield %
Comparable Companies
ALTG CTOS WLFC HTZ AAN PRG BEBE FPAY ZCAR MWG URI LSE:AHT AER UHAL BSP:RENT3 WSC FTAI TSX:EFN AL HKSE:02588
Traded in Other Exchanges
GSLpB.PFD:USA 37H:Germany 37H:Germany
Address
25 Wilton Road, London, GBR, SW1V 1LW
Website
https://www.globalshiplease.com
Global Ship Lease Inc operates in the container shipping industry. The company owns and charters out containerships under long-term, fixed-rate charters to container liner companies. The majority of the company's revenues are derived from charters to MAERSK. Its fleet consisted of more than 60 containerships.
Executives
Integrated Core Strategies (us) Llc 10 percent owner C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022
Nisswa Acquisition Master Fund Ltd. 10 percent owner C/O MAPLES CORPORATE SVCS LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Israel A Englander other: May be deemed a group member. C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022
Millenco, L.l.c. 10 percent owner C/O MILLENNIUM MANAGEMENT LLC, 666 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10103
Millennium Management Llc other: May be deemed a group member. 399 PARK AVENUE, NEW YORK NY 10022
Integrated Holding Group, L.p. other: May be deemed a group member. C/O MILLENNIUM MANAGEMENT LLC, 666 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10103-0899
Millennium International Management Lp other: May be deemed a group member. 399 PARK AVENUE, NEW YORK NY 10022
Cognizant Holdings, Ltd. other: May be deemed a group member. C/O MILLENNIUM INTERNATIONAL MGMT. LP, 666 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10103
Millennium Group Management Llc other: May be deemed a group member. C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022