Sorrento Therapeutics (LTS:0L85) Shares Buyback Ratio % : -26.32 (As of May. 22, 2024)

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What is Sorrento Therapeutics Shares Buyback Ratio %?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

GuruFocus calculates shares buyback ratio using previous shares outstanding minus the current shares outstanding, and then divides by previous shares outstanding. Sorrento Therapeutics's current shares buyback ratio was -26.32%.

Sorrento Therapeutics Shares Buyback Ratio % Historical Data

The historical data trend for Sorrento Therapeutics's Shares Buyback Ratio % 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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Sorrento Therapeutics Shares Buyback Ratio % Chart

Sorrento Therapeutics Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Shares Buyback Ratio %

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-47.50

-37.22

-64.06

-14.27

-63.79

Sorrento Therapeutics Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Shares Buyback Ratio %	Get a 7-Day Free Trial															-16.33	-7.30	-10.03	-6.99	-

Sorrento Therapeutics Shares Buyback Ratio % Calculation

Sorrento Therapeutics's Shares Buyback Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Shares Buyback Ratio	=	(Shares Outstanding (EOP) (A: Dec. 2021 )	-	Shares Outstanding (EOP) (A: Dec. 2022 ))	/	Shares Outstanding (EOP) (A: Dec. 2021 )
	=	(314.573	-	515.249)	/	314.573
	=	-63.79%

Sorrento Therapeutics's Shares Buyback Ratio for the quarter that ended in Jun. 2023 is calculated as

Shares Buyback Ratio	=	(Shares Outstanding (EOP) (A: Mar. 2023 )	-	Shares Outstanding (EOP) (A: Jun. 2023 ))	/	Shares Outstanding (EOP) (A: Mar. 2023 )
	=	(551.281	-	551.281)	/	551.281
	=	0.00%

Sorrento Therapeutics Shares Buyback Ratio % Related Terms

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Sorrento Therapeutics (LTS:0L85) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Sorrento Therapeutics Inc (LTS:0L85) » Definitions » Shares Buyback Ratio %

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SRNEQ:USA

Address

4955 Directors Place, San Diego, CA, USA, 92121

Website

https://www.sorrentotherapeutics.com

Sorrento Therapeutics Inc is a clinical and commercial-stage biopharmaceutical company developing a portfolio of next-generation treatments for three major therapeutic areas: cancer, infectious disease, and pain. Its multimodal, multipronged approach to fighting cancer is made possible by its extensive immuno-oncology platforms, including key assets such as fully human antibodies (G-MAB library), immuno-cellular therapies (DAR-T), antibody-drug conjugates (ADCs), and oncolytic virus (Seprehvec). Sorrento is also developing potential antiviral therapies and vaccines against coronaviruses, including COVI-AMG, COVIDROPS, COVISHIELD, FUJOVEE (Abivertinib), and OQORY (Covi-MSC), and diagnostic test solutions, including COVITRACK and COVIMARK.

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