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Analog Devices Inc (NAS:ADI)
3-Year Average Buyback Ratio
-1.40 (As of Apr. 2016)

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.

ADI' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -4.4   Max: 8.5
Current: -1.4

-4.4
8.5

During the past 13 years, Analog Devices Inc's highest 3-Year Average Share Buyback Ratio was 8.50. The lowest was -4.40. And the median was -0.90.

ADI's 3-Year Average Buyback Ratio is ranked higher than
59% of the 607 Companies
in the Global Semiconductors industry.

( Industry Median: -2.60 vs. ADI: -1.40 )

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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