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Anglogold Ashanti Ltd (NYSE:AU)
3-Year Average Buyback Ratio
-1.50 (As of Dec. 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.

AU' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -76   Max: -1.4
Current: -1.5

-76
-1.4

During the past 13 years, Anglogold Ashanti Ltd's highest 3-Year Average Share Buyback Ratio was -1.40. The lowest was -76.00. And the median was -2.75.

AU's 3-Year Average Buyback Ratio is ranked higher than
81% of the 996 Companies
in the Global Gold industry.

( Industry Median: -10.90 vs. AU: -1.50 )

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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