Repurchase Of Capital Stock (Historical) Formula in Excel

Understanding Repurchase Of Capital Stock (Historical)

Companies often buy back their own shares as part of their capital management strategy. The “Repurchase Of Capital Stock (Historical)” formula in Excel with MarketXLS enables you to:

• Retrieve historical data on capital stock buybacks.
• Analyze how much a company has spent buying back its own shares.
• Combine these insights with other fundamental metrics for comprehensive research or valuation models.

? Pro Tip: Use this formula to benchmark multiple symbols and assess a company’s shareholder return strategies over time.

Syntax and Parameters

Below is the syntax for the hf_Repurchase_of_Capital_Stock function:

=hf_Repurchase_of_Capital_Stock(Symbol, year, [quarter], [TTM])

?? Note: If the symbol is invalid or the data is unavailable, the function returns “NA”.

Return Value

• This function returns the amount of proceeds generated from share buybacks during the specified historical period.
• If the data cannot be retrieved or an error occurs, it returns "NA".

Examples and Usage

Use any of the following examples to reference the function in different scenarios:

1. Basic year-based query:

   =hf_Repurchase_of_Capital_Stock("MSFT", 2022)

   Retrieves the total share buyback amount for Microsoft in 2022.

2. Year and quarter:

   =hf_Repurchase_of_Capital_Stock("MSFT", 2022, 2)

   Fetches the Q2 2022 share buyback figure.

3. Trailing twelve months:

   =hf_Repurchase_of_Capital_Stock("MSFT", 2022, 3, "TTM")

   Returns TTM buybacks from Q3 2022.

4. Last quarter and last year shortcuts:

   =hf_Repurchase_of_Capital_Stock("MSFT", "lq")
   =hf_Repurchase_of_Capital_Stock("MSFT", "ly")

   Gets the value for the most recently reported quarter or the most recently completed year.

5. Date inputs (using cell references or functions):

   • Cell reference for Symbol:

     =hf_Repurchase_of_Capital_Stock(A1, "2023")

   • Direct text date for year (uncommon, as “year” is typically numeric, but for demonstration):

     =hf_Repurchase_of_Capital_Stock("BTCUSD:DEFAULT", "2023-12-31")

   • Excel date function (again, more typical for operations on year or quarter cells):

     =hf_Repurchase_of_Capital_Stock("^SPX", TEXT(A1,"yyyy"))

? Pro Tip: You can enhance your analysis by pairing this formula with other fundamental functions (e.g., Revenue (Historical), Gross Profit (Historical)) to see how buybacks correlate with earnings growth or free cash flow.

Common Questions

1. What if I get “NA” as a result?

• An “NA” return often indicates invalid symbols, missing data, or license limitations. Verify your MarketXLS subscription or check symbol validity.

2. Can I use this function for ETFs or mutual funds?

• The dataset primarily covers equities, indices, options, and some cryptocurrencies. ETF or mutual fund data may be limited. If data is unavailable, the formula returns “NA”.

3. How do I handle performance considerations?

• For large spreadsheets with many historical formulas, consider using Excel’s calculation settings or limiting the number of cells updated. Caching within MarketXLS also helps reduce repeated API calls.

4. Which versions of Excel does this function support?

• The function works in Excel 2010 and higher on Windows. Make sure your MarketXLS add-in is up-to-date.

5. How do the “lq” and “ly” shortcuts work?

• “lq” auto-fetches data for the last reported quarter, and “ly” grabs data for the last reported year. Appending “-1” to these goes one quarter or year further back (e.g., “lq-1” fetches the previous quarter’s data).

?? Note: Always confirm that your MarketXLS add-in license covers historical fundamentals. Data coverage can vary by plan.