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BGC Partners Inc (NAS:BGCP)
3-Year Buyback Ratio
-5.10 (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.

BGCP' s 10-Year Buyback Ratio Range
Min: 3.8   Max: -60.3
Current: -5.1

During the past 13 years, BGC Partners Inc's highest 3-Year Average Share Buyback Ratio was -60.30. The lowest was 3.80. And the median was -6.15.

BGCP's Buyback Ratiois ranked higher than
60% of the 325 Companies
in the Global Capital Markets industry.

( Industry Median: -0.90 vs. BGCP: -5.10 )

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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