Primaris REIT (TSX:PMZ.UN) Buyback Yield % : 3.54 (As of Jun. 09, 2024)

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What is Primaris REIT 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.

Primaris REIT's current buyback yield was 3.54%.

Primaris REIT Buyback Yield % Historical Data

The historical data trend for Primaris REIT'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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Primaris REIT Buyback Yield % Chart

Primaris REIT Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec20

Dec21

Dec22

Dec23

Buyback Yield %

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3.78

4.55

Primaris REIT Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Buyback Yield %	Get a 7-Day Free Trial															5.46	1.27	4.95	6.84	0.82

Competitive Comparison of Primaris REIT's Buyback Yield %

For the REIT - Retail subindustry, Primaris REIT'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.

Primaris REIT's Buyback Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Primaris REIT's Buyback Yield % distribution charts can be found below:

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

Primaris REIT Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

Primaris REIT'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
	=	- (-60.635	+	0)	/	1332.88266
	=	4.55%

Primaris REIT'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
	=	- (-2.767	+	0)	*	4	/	1344.566565
	=	0.82%

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.

Primaris REIT Buyback Yield % Related Terms

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Primaris REIT (TSX:PMZ.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Primaris REIT (TSX:PMZ.UN) » Definitions » Buyback Yield %

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PMREF:USA

Address

26 Wellington Street East, Suite 400, Toronto, ON, CAN, M5E 1S2

Website

http://www.primarisreit.com

Primaris REIT is an unincorporated, open-ended real estate investment trust that comprises ownership, management, and development of investment properties located across Canada. Its property portfolio includes; Dufferin Mall, Stone Road Mall, Orchard Park, and Devonshire Mall. The company generates a majority of its revenue from the Rent receivables.

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