China Tourism Group Duty Free Corp Ltd
SSE:601888

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China Tourism Group Duty Free Corp Ltd Logo
China Tourism Group Duty Free Corp Ltd
SSE:601888
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Price: 61.53 CNY -0.57% Market Closed
Market Cap: 120.1B CNY

China Tourism Group Duty Free Corp Ltd
Buyback Yield

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Buyback Yield measures how much a company reduces its outstanding shares through repurchases, expressed as a percentage.

This metric directly reflects the company’s efforts to return value to shareholders. By reducing the number of shares, buybacks can increase earnings per share and potentially boost the stock's price.

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Buyback Yield measures how much a company reduces its outstanding shares through repurchases, expressed as a percentage. It is calculated by taking the decrease in shares outstanding during a period, dividing it by the total shares at the beginning of that period, and then converting this figure into a percentage.