What is American Tower 3-Year Share Buyback Ratio?
Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. American Tower's current 3-Year Share Buyback Ratio was -0.80%.
The historical rank and industry rank for American Tower's 3-Year Share Buyback Ratio or its related term are showing as below:
AMT'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -54.5 Med: -1.6 Max: 1.3
Current: -0.8
During the past 13 years, American Tower's highest 3-Year Share Buyback Ratio was 1.30%. The lowest was -54.50%. And the median was -1.60%.
AMT's 3-Year Share Buyback Ratio is ranked better than 68.66% of 635
companies
in the REITs industry
Industry Median: -3.3
vs AMT: -0.80
Competitive Comparison of American Tower's 3-Year Share Buyback Ratio
For the REIT - Specialty subindustry, American Tower's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-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.
American Tower's 3-Year Share Buyback Ratio Distribution in the REITs Industry
For the REITs industry and Real Estate sector, American Tower's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where American Tower's 3-Year Share Buyback Ratio falls into.
American Tower 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
American Tower (NYSE:AMT) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
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.
American Tower 3-Year Share Buyback Ratio Related Terms
Thank you for viewing the detailed overview of American Tower's 3-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
American Tower owns and operates more than 220,000 cell towers throughout the US, Asia, Latin America, Europe, and Africa. It also owns and/or operates 28 data centers in 10 US markets after acquiring CoreSite. On its towers, the company has a very concentrated customer base, with most revenue in each market being generated by just the top few mobile carriers. The company operates more than 40,000 towers in the US, which accounted for almost half of the company's total revenue in 2023. Outside the US, American Tower operates over 75,000 towers in India, almost 50,000 towers in Latin America (dominated by Brazil), 30,000 towers in Europe, and nearly 25,000 towers in Africa. American Tower operates as a REIT.
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