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GuruFocus has detected 3 Warning Signs with BlueLinx Holdings Inc $BXC.
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BlueLinx Holdings Inc (NYSE:BXC)
3-Year Average Share Buyback Ratio
-1.40 (As of Dec. 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.

BXC' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -32.8   Max: 0
Current: -1.4

-32.8
0

During the past 13 years, BlueLinx Holdings Inc's highest 3-Year Average Share Buyback Ratio was 0.00. The lowest was -32.80. And the median was -1.95.

BXC's 3-Year Average Share Buyback Ratio is ranked lower than
53% of the 301 Companies
in the Global Building Materials industry.

( Industry Median: -1.00 vs. BXC: -1.40 )

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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