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AmerisourceBergen Corp (NYSE:ABC)
3-Year Buyback Ratio
6.40 (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.

ABC' s 10-Year Buyback Ratio Range
Min: 10   Max: -30.6
Current: 6.4

During the past 13 years, AmerisourceBergen Corp's highest 3-Year Average Share Buyback Ratio was -30.60. The lowest was 10.00. And the median was 2.45.

ABC's Buyback Ratiois ranked higher than
97% of the 39 Companies
in the Global Medical Distribution industry.

( Industry Median: -0.10 vs. ABC: 6.40 )

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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