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GuruFocus has detected 3 Warning Signs with First Majestic Silver Corp $AG.
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First Majestic Silver Corp (NYSE:AG)
3-Year Average Share Buyback Ratio
-12.00 (As of Dec. 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.

AG' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -83.7   Max: -3.8
Current: -12

-83.7
-3.8

During the past 13 years, First Majestic Silver Corp's highest 3-Year Average Share Buyback Ratio was -3.80. The lowest was -83.70. And the median was -18.90.

AG's 3-Year Average Share Buyback Ratio is ranked higher than
58% of the 1131 Companies
in the Global Silver industry.

( Industry Median: -12.90 vs. AG: -12.00 )

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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