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Biomarin Pharmaceutical Inc (NAS:BMRN)
3-Year Average Buyback Ratio
-9.30 (As of Sep. 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.

BMRN' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -22.2   Max: -2.7
Current: -9.3

-22.2
-2.7

During the past 13 years, Biomarin Pharmaceutical Inc's highest 3-Year Average Share Buyback Ratio was -2.70. The lowest was -22.20. And the median was -10.10.

BMRN's 3-Year Average Buyback Ratio is ranked higher than
54% of the 535 Companies
in the Global Biotechnology industry.

( Industry Median: -9.90 vs. BMRN: -9.30 )

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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