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Avery Dennison Corp (NYSE:AVY)
3-Year Average Buyback Ratio
3.60 (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.

AVY' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -2.7   Max: 3.6
Current: 3.6

-2.7
3.6

During the past 13 years, Avery Dennison Corp's highest 3-Year Average Share Buyback Ratio was 3.60. The lowest was -2.70. And the median was 0.25.

AVY's 3-Year Average Buyback Ratio is ranked higher than
95% of the 1033 Companies
in the Global Business Equipment industry.

( Industry Median: -0.70 vs. AVY: 3.60 )

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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