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BGC Partners Inc (NAS:BGCP)
3-Year Average Buyback Ratio
-16.90 (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.

BGCP' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -31.3   Max: 3.4
Current: -16.9

-31.3
3.4

During the past 13 years, BGC Partners Inc's highest 3-Year Average Share Buyback Ratio was 3.40. The lowest was -31.30. And the median was -11.65.

BGCP's 3-Year Average Buyback Ratio is ranked lower than
82% of the 299 Companies
in the Global Capital Markets industry.

( Industry Median: -2.20 vs. BGCP: -16.90 )

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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