Trine Acquisition (Trine Acquisition) Buyback Yield % : 0.00 (As of Jun. 01, 2024)

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What is Trine Acquisition 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.

Trine Acquisition's current buyback yield was 0.00%.

Trine Acquisition Buyback Yield % Historical Data

The historical data trend for Trine Acquisition'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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Trine Acquisition Buyback Yield % Chart

Trine Acquisition Annual Data

Trend

Dec18

Dec19

Buyback Yield %

-78.56

Trine Acquisition Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Buyback Yield %	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Trine Acquisition's Buyback Yield %

For the Shell Companies subindustry, Trine Acquisition'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.

Trine Acquisition's Buyback Yield % Distribution in the Diversified Financial Services Industry

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

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

Trine Acquisition Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Trine Acquisition's Buyback Yield for the fiscal year that ended in Dec. 2019 is calculated as

Buyback Yield	=	Net Issuance of Stock			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	/	Market Cap
	=	- (0	+	294.147)	/	374.436626
	=	-78.56%

Trine Acquisition's annualized Buyback Yield for the quarter that ended in Sep. 2020 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	/	405.20196
	=	0.00%

In calculating the annualized quarterly data, the Repurchase of Stock and Issuance of Stock data used here is four times the quarterly (Sep. 2020) data.

Trine Acquisition Buyback Yield % Related Terms

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Trine Acquisition (Trine Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Trine Acquisition Corp (NYSE:TRNE) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

405 Lexington Avenue, 48th Floor, The Chrysler Building, New York, NY, USA, 10174

Website

https://www.trineacquisitioncorp.com

Trine Acquisition Corp is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.