Nitta (TSE:5186) Shares Buyback Ratio % : -0.18 (As of May. 28, 2024)

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What is Nitta 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. Nitta's current shares buyback ratio was -0.18%.

Nitta Shares Buyback Ratio % Historical Data

The historical data trend for Nitta'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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Nitta Shares Buyback Ratio % Chart

Nitta Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Shares Buyback Ratio %

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0.67

1.31

1.10

1.54

-0.18

Nitta Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Shares Buyback Ratio %	Get a 7-Day Free Trial															1.58	0.16	-	-0.31	-0.04

Nitta Shares Buyback Ratio % Calculation

Nitta's Shares Buyback Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Shares Buyback Ratio	=	(Shares Outstanding (EOP) (A: Mar. 2023 )	-	Shares Outstanding (EOP) (A: Mar. 2024 ))	/	Shares Outstanding (EOP) (A: Mar. 2023 )
	=	(27.8487	-	27.9002)	/	27.8487
	=	-0.18%

Nitta's Shares Buyback Ratio for the quarter that ended in Dec. 2023 is calculated as

Shares Buyback Ratio	=	(Shares Outstanding (EOP) (A: Sep. 2023 )	-	Shares Outstanding (EOP) (A: Dec. 2023 ))	/	Shares Outstanding (EOP) (A: Sep. 2023 )
	=	(27.8036	-	27.8904)	/	27.8036
	=	-0.31%

Nitta Shares Buyback Ratio % Related Terms

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Nitta (TSE:5186) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nitta Corp (TSE:5186) » Definitions » Shares Buyback Ratio %

Comparable Companies

Traded in Other Exchanges

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Address

4-4-26 Sakuragawa, Naniwa-ku, Osaka, JPN, 556-0022

Website

http://www.nitta.co.jp

Nitta Corp is a Japan-based company that manufactures and distributes a wide range of industrial products. The company's product line comprises conveyor belts and units, tubes and fittings, industrial wiper and molded rubber products, mechatronic products, magnetic sheets, and so on. The company's conveyor belt products are distributed under trademarks including PolySprint, Polybelt, New Light Grip, and SEB. The company's conveyor unit products include curve conveyor units, spiral conveyor units, and nonsnaking conveyor units. Nitta Corp's tube and fitting products are applied in pneumatic equipment, semiconductor equipment, industrial robots, and others. The company's wiper products include slide seals, lip seals, telesco seals, and others.

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