Switch to:
Alkermes PLC (NAS:ALKS)
3-Year Buyback Ratio
-15.00 (As of Mar. 2015)

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.

ALKS' s 10-Year Buyback Ratio Range
Min: 2.8   Max: -18.5
Current: -15

During the past 13 years, Alkermes PLC's highest 3-Year Average Share Buyback Ratio was -18.50. The lowest was 2.80. And the median was -8.55.

ALKS's Buyback Ratiois ranked higher than
71% of the 990 Companies
in the Global Biotechnology industry.

( Industry Median: -9.90 vs. ALKS: -15.00 )

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

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK