ASTL (Algoma Steel Group) 5-Year Share Buyback Ratio : 0.00% (As of Mar. 2025)

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What is Algoma Steel Group 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. Algoma Steel Group's current 5-Year Share Buyback Ratio was 0.00%.

ASTL's 5-Year Share Buyback Ratio is not ranked ^*
in the Steel industry.
Industry Median: -1.45
* Ranked among companies with meaningful 5-Year Share Buyback Ratio only.

Competitive Comparison of Algoma Steel Group's 5-Year Share Buyback Ratio

For the Steel subindustry, Algoma Steel Group'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.

Algoma Steel Group's 5-Year Share Buyback Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Algoma Steel Group's 5-Year Share Buyback Ratio distribution charts can be found below:

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

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Algoma Steel Group 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.

Algoma Steel Group (NAS:ASTL) 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.

Algoma Steel Group 5-Year Share Buyback Ratio Related Terms

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Algoma Steel Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Algoma Steel Group Inc (NAS:ASTL) » Definitions » 5-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

9ZY:Germany ASTL:Canada

Address

105 West Street, Sault Ste. Marie, ON, CAN, P6A 7B4

Website

https://www.algoma.com

Algoma Steel Group Inc is a fully integrated steel producer of hot and cold rolled steel products, including coiled sheet and plate, strategically located. The firm operates in a single segment of basic steel production including sheets, plates, slabs, and freights. The company's revenue is generated from contracts to produce, ship, and deliver steel products Geographically it serves Canada, the United States, and the rest of the world, whilst driving key revenue from domestic sales. The company generates the majority of its revenue from the sale of Steel sheets and strips.