I will answer for the year 2015....3 quarters so far.
I calculate XIN bought back around 200,000 ADS so far in 2015 which gives about a ZILCH "annualized stock buyback yield". This excludes about 1.1 Million ADS bought back so far and issued as "management" RSU/options incentives....which have no immediate yield to me as an average shareholder.
So don't spend too much time thinking about profits returned to shareholders in 2015 beyond the 6% dividend....but about what reinvested profits will bring in the future. I calculate XIN could earn around $2/ADS in 2016 and hope that a much larger percentage of profits will be returned to shareholders next year. But I don't own the 50% of XIN equity that TPG/Zhang own, so I don't decide how much profits are returned to shareholders and how much profit is reinvested in the business.
If the dividend yield is around 6%, what is your best guess as to XIN's recent "annualized stock buyback yield"? For example, if all of the monies used to buyback XIN stock in the trailing 12 months were instead used to pay an "extra dividend", how much would this extra dividend be in percentage yield terms? Thanks in advance.
LL is doing quite well today as well, up .82 today while Ying Yang enjoys a penny gain.
My 2000 $13.60 LL shares are looking better everyday.
Not enough exposure, but I'll take anything even though Xin isn't a big enough dog.....it's only a Chihuahua (darn I had to look up the spelling of that ugly mutt).
Cuz most people prefer to buy their turkeys at the grocery store.
If you buy a Chinese turkey you can expect diarrhea. Don't choke on your turkey bones Nolick.
and if they get dual listing it'll make your day :)
With a smart CFO, the company seems getting more shareholder friendly. They may just continuing buying back shares which is the right thing to do at this time.
Sentiment: Strong Buy
Getting the Shenzhen-Hong Kong link going will be one of the final pieces to allow MSCI to include the entire Chinese mainland market in their indices.
When that happens, it will be a real earthquake in these indices. Adding U.S.-listed Chinese stocks will increase China's weighting in the MSCI Emerging Markets Index from 25 percent to 29 percent. Adding the "A" shares will likely increase China's weighting in the Emerging Markets Index from roughly 29 percent to 40 percent. That is huge.
Looks to me like this will do XIN a world of good as they'll have access to many more investors