Reddit (Reddit) Buyback Yield % : -6.47 (As of Jun. 05, 2024)

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What is Reddit 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.

Reddit's current buyback yield was -6.47%.

Reddit Buyback Yield % Historical Data

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

Reddit Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Buyback Yield %

Reddit Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Buyback Yield %	Get a 7-Day Free Trial									-	-	-	-	-29.79

Competitive Comparison of Reddit's Buyback Yield %

For the Internet Content & Information subindustry, Reddit'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.

Reddit's Buyback Yield % Distribution in the Interactive Media Industry

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

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

Reddit Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Reddit'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	+	0)	/	0
	=	N/A%

Reddit'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
	=	- (0	+	600.022)	*	4	/	8056.22472
	=	-29.79%

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.

Reddit Buyback Yield % Related Terms

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Reddit (Reddit) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Reddit Inc (NYSE:RDDT) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

303 2nd Street, South Tower, 5th Floor, South Tower, 5th Floor, CA, USA, 94107

Website

https://www.redditinc.com

Reddit Inc is engaged in providing internet content. The company provides online services that include gaming, sports, business, crypto, television and others.

Reddit (Reddit) Headlines

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