Switch to:
BioTime Inc (AMEX:BTX)
3-Year Average Buyback Ratio
-22.30 (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.

BTX' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -27.3   Max: -2.1
Current: -22.3

-27.3
-2.1

During the past 13 years, BioTime Inc's highest 3-Year Average Share Buyback Ratio was -2.10. The lowest was -27.30. And the median was -13.60.

BTX's 3-Year Average Buyback Ratio is ranked lower than
70% of the 550 Companies
in the Global Biotechnology industry.

( Industry Median: -11.40 vs. BTX: -22.30 )

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

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK