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Avery Dennison Corp (NYSE:AVY)
3-Year Average Buyback Ratio
5.00 (As of Mar. 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.

AVY' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -2.7   Max: 5
Current: 5

-2.7
5

During the past 13 years, Avery Dennison Corp's highest 3-Year Average Share Buyback Ratio was 5.00. The lowest was -2.70. And the median was 0.10.

AVY's 3-Year Average Buyback Ratio is ranked higher than
97% of the 953 Companies
in the Global Business Equipment industry.

( Industry Median: -1.10 vs. AVY: 5.00 )

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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