Switch to:
Bluelinx Holdings Inc (NYSE:BXC)
3-Year Buyback Ratio
-37.70 (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.

BXC' s 10-Year Buyback Ratio Range
Min: 0   Max: -37.7
Current: -37.7

During the past 13 years, Bluelinx Holdings Inc's highest 3-Year Average Share Buyback Ratio was -37.70. The lowest was 0.00. And the median was -0.30.

BXC's Buyback Ratiois ranked lower than
54% of the 443 Companies
in the Global Building Materials industry.

( Industry Median: -0.20 vs. BXC: -37.70 )

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)
Free 7-day Trial
FEEDBACK