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BioTime Inc (AMEX:BTX)
3-Year Buyback Ratio
-10.40 (As of Sep. 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.

BTX' s 10-Year Buyback Ratio Range
Min: -5   Max: -25.6
Current: -10.4

During the past 13 years, BioTime Inc's highest 3-Year Average Share Buyback Ratio was -25.60. The lowest was -5.00. And the median was -10.15.

BTX's Buyback Ratiois ranked higher than
78% of the 850 Companies
in the Global Biotechnology industry.

( Industry Median: -11.20 vs. BTX: -10.40 )

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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