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SOR (Source Capital) 1-Year Share Buyback Ratio : 0.10% (As of Dec. 2024 )


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What is Source Capital 1-Year Share Buyback Ratio?

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

1-Year Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past year, calculated as the percentage change in shares outstanding from the previous year to the current year. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Source Capital's current 1-Year Share Buyback Ratio was 0.10%.

SOR's 1-Year Share Buyback Ratio is ranked better than
60.14% of 986 companies
in the Asset Management industry
Industry Median: -0.4 vs SOR: 0.10

Competitive Comparison of Source Capital's 1-Year Share Buyback Ratio

For the Asset Management subindustry, Source Capital's 1-Year Share Buyback Ratio, along with its competitors' market caps and 1-Year Share Buyback Ratio 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.


Source Capital's 1-Year Share Buyback Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Source Capital's 1-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Source Capital's 1-Year Share Buyback Ratio falls into.


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Source Capital 1-Year Share Buyback Ratio Calculation

Source Capital's 1-Year Share Buyback Ratio for the quarter that ended in Dec. 2024 is calculated as

1-Year Share Buyback Ratio=(Shares Outstanding (EOP) (Dec. 2023 ) - Shares Outstanding (EOP) (Dec. 2024 )) / Shares Outstanding (EOP) (Dec. 2023 )
=(8.208 - 8.200) / 8.208
=0.1%

* 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.


Source Capital  (NYSE:SOR) 1-Year Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.


Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.


Source Capital 1-Year Share Buyback Ratio Related Terms


Source Capital Business Description

Traded in Other Exchanges
N/A
Address
235 West Galena Street, Milwaukee, WI, USA, 53212
Source Capital Inc is a diversified, closed-end management investment company. The investment objective of the company is to seek maximum total return for Common shareholders from both capital appreciation and investment income to the extent consistent with the protection of invested capital.
Executives
Sandra Brown director 11601 WILSHIRE BOULEVARD, SUITE 1200, LOS ANGELES CA 90025
Korey Bauer officer: Vice President 2220 E. ROUTE 66, SUITE 226, GLENDORA CA 91740
Rita Dam officer: Treasurer 2220 EAST ROUTE 66, SUITE 226, GLENDORA CA 91740
Lyna Phan officer: Assistant Treasurer 2220 EAST ROUTE 66, SUITE 226, GLENDORA CA 91740
Amy Centurioni officer: Assistant Secretary 2220 E. ROUTE 66, SUITE 226, GLENDORA CA 91740
Max Banhazl officer: Vice President 2220 E. ROUTE 66, SUITE 226, GLENDORA CA 91740
Diane J Drake officer: Secretary 2220 E. ROUTE 66, SUITE 226, GLENDORA CA 91740
Martin Dziura officer: Chief Compliance Officer 309 WOODRIDGE LANE, MEDIA PA 19063
John Zader director 11601 WISHIRE BOULEVARD, SUITE 1200, LOS ANGELES CA 90025
Maureen A Quill director 11601 WILSHIRE BOULEVARD, SUITE 1200, LOS ANGELES CA 90025
Mark L. Lipson director 100 WILSHIRE BOULEVARD, SUITE 1200, SANTA MONICA CA 90401
Brian A. Selmo other: Officer of inv co's inv adv 11400 W. OLYMPIC BLVD., STE. 1200, LOS ANGELES CA 90064
Ryan A. Leggio other: Officer of inv co's inv adv 11601 WILSHIRE BLVD, SUITE 1200, LOS ANGELES CA 90025
Robert F Goldrich director LEON LEVY FOUNDATION, ONE ROCKEFELLER PLAZA, 20TH FLOOR, NEW YORK NY 10020
Thomas H Atteberry other: partner of inv co's inv adv 11400 W OLYMPIC BLVD, STE 1200, LOS ANGELES CA 90064