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Biomarin Pharmaceutical Inc (NAS:BMRN)
3-Year Average Buyback Ratio
-8.70 (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.

BMRN' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -32.8   Max: -3.2
Current: -8.7

-32.8
-3.2

During the past 13 years, Biomarin Pharmaceutical Inc's highest 3-Year Average Share Buyback Ratio was -3.20. The lowest was -32.80. And the median was -9.10.

BMRN's 3-Year Average Buyback Ratio is ranked higher than
57% of the 550 Companies
in the Global Biotechnology industry.

( Industry Median: -11.40 vs. BMRN: -8.70 )

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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