GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alcoa Inc (NYSE:AAPRB.PFD) » Definitions » 5-Year Share Buyback Ratio

Alcoa (AAPRB.PFD) 5-Year Share Buyback Ratio : -4.80% (As of Sep. 2016)


View and export this data going back to 2014. Start your Free Trial

What is Alcoa 5-Year Share Buyback Ratio?

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

5-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past five years. It is calculated as the annualized percentage change in shares outstanding from five 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. Alcoa's current 5-Year Share Buyback Ratio was -4.80%.

AAPRB.PFD's 5-Year Share Buyback Ratio is not ranked
in the Metals & Mining industry.
Industry Median: -17.8 vs AAPRB.PFD: -4.80

Competitive Comparison of Alcoa's 5-Year Share Buyback Ratio

For the Aluminum subindustry, Alcoa's 5-Year Share Buyback Ratio, along with its competitors' market caps and 5-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.


Alcoa's 5-Year Share Buyback Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alcoa's 5-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Alcoa's 5-Year Share Buyback Ratio falls into.


;
;

Alcoa 5-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from five years ago to the current year. The annualized percentage change is calculated with least-square regression based on the latest six 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.


Alcoa (NYSE:AAPRB.PFD) 5-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.


Alcoa 5-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Alcoa's 5-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Alcoa Business Description

Traded in Other Exchanges
N/A
Address
Arconic Inc, formerly known as Alcoa Inc was first incorporated as the Pittsburgh Reduction Company on October 1, 1888. The Company is engaged in manufacturing and engineering lightweight metals. Its products include aluminum, titanium, and nickel, used in aerospace, automotive, commercial transportation, packaging, building and construction, oil and gas, defense, consumer electronics, and industrial applications. The Company is also engaged in the production and management of aluminum, fabricated aluminum, and alumina combined, through its active participation in all aspects of the industry: technology, mining, refining, smelting, fabricating, and recycling. It has investments and operating activities in, among others, Australia, Brazil, China, Guinea, Iceland, Russia, and Saudi Arabia. The Company operates in segments including Global Rolled Products, Engineered Products and Solutions, and Transportation and Construction Solutions. The Company's Global Rolled Products segment represents its midstream operations. The Engineered Products and Solutions segment represents a portion of the Company's downstream operations. Its downstream portfolio includes two segments Engineered Products and Solutions and Transportation and Construction Solutions. The Engineered Products and Solutions consist of Alcoa Titanium & Engineered Products; Alcoa Fastening Systems & Rings; Alcoa Forgings and Extrusions; and Alcoa Power and Propulsion. The Company's Transportation and Construction Solutions segment represents a portion of its downstream operations. The raw materials used includes bauxite, alloying materials, caustic soda, alumina, electricity, aluminum fluoride, fuel oil, calcined petroleum coke, lime (CaO), cathode blocks, natural gas, electricity, liquid pitch, natural gas, titanium alloys, titanium sponge and resin. The Company's trademark products include Howmet metal castings, Huck fasteners, Kawneer building panels and Dura-Bright wheels with easy-clean surface treatments.

Alcoa Headlines

From GuruFocus

Alcoa Q1 2015 Earnings Preview

By Business Reports Business Reports 04-06-2015

China's Numbers: Real or Fake??

By Joseph L Shaefer Joseph L Shaefer 10-19-2015

An Analysis of Alcoa's Key Growth Drivers

By techjunk13 techjunk13 04-22-2015

Gurus Trim Positions in Alcoa and Netflix

By James Li James Li 09-27-2016

Alcoa Reports Spectacular Numbers In The First Quarter Of FY2015

By Business Reports Business Reports 04-11-2015

Dismal Earnings Outlook Projected for 1st Quarter

By Julie Young Julie Young 04-12-2016

'Alcoa's Transformation is Paying Off' Presentation

By OPM Insights Nelson Hsu 11-27-2015

Alcoa: This Aluminum Producer Is Making Smart Moves to Overcome Challenges

By starskyinvestments starskyinvestments 04-28-2015

Paul Singer Invests in Stake in Alcoa

By Kyle Ferguson Kyle Ferguson 03-08-2016