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Anglogold Ashanti Ltd (NYSE:AU)
3-Year Buyback Ratio
-3.10 (As of Sep. 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.

AU' s 10-Year Buyback Ratio Range
Min: 21.7   Max: -77.3
Current: -3.1

During the past 13 years, Anglogold Ashanti Ltd's highest 3-Year Average Share Buyback Ratio was -77.30. The lowest was 21.70. And the median was -5.90.

AU's Buyback Ratiois ranked higher than
89% of the 1966 Companies
in the Global Gold industry.

( Industry Median: -9.80 vs. AU: -3.10 )

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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