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Broadcom Corp (NAS:BRCM)
3-Year Buyback Ratio
-2.30 (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.

BRCM' s 10-Year Buyback Ratio Range
Min: 4.5   Max: -23.1
Current: -2.3

During the past 13 years, Broadcom Corp's highest 3-Year Average Share Buyback Ratio was -23.10. The lowest was 4.50. And the median was -4.20.

BRCM's Buyback Ratiois ranked higher than
71% of the 584 Companies
in the Global Semiconductors industry.

( Industry Median: -1.20 vs. BRCM: -2.30 )

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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