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Bridge Bancorp Inc (NAS:BDGE)
3-Year Buyback Ratio
-15.20 (As of Jun. 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.

BDGE' s 10-Year Buyback Ratio Range
Min: 1.2   Max: -44.5
Current: -15.2

During the past 13 years, Bridge Bancorp Inc's highest 3-Year Average Share Buyback Ratio was -44.50. The lowest was 1.20. And the median was -0.10.

BDGE's Buyback Ratiois ranked higher than
56% of the 1299 Companies
in the Global Banks - Regional - US industry.

( Industry Median: -2.00 vs. BDGE: -15.20 )

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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