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Apple Inc (NAS:AAPL)
3-Year Buyback Ratio
-0.20 (As of Jun. 2014)

This is the average share buyback rate of the company over the past 3 years. A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

AAPL' s 10-Year Buyback Ratio Range
Min: -0.1   Max: -12.6
Current: -0.2

During the past 13 years, Apple Inc's highest 3-Year Average Share Buyback Ratio was -12.60. The lowest was -0.10. And the median was -1.70.

AAPL's Buyback Ratiois ranked higher than
76% of the 1362 Companies
in the Global Computer Systems industry.

( Industry Median: -0.80 vs. AAPL: -0.20 )

Definition

This is the average share buyback rate of the company over the past 3 years.


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.


Related Terms

Net Income

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