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Cheesecake Factory Inc (NAS:CAKE)
3-Year Average Buyback Ratio
2.90 (As of Dec. 2015)

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.

CAKE' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -9.7   Max: 8.9
Current: 2.9

-9.7
8.9

During the past 13 years, Cheesecake Factory Inc's highest 3-Year Average Share Buyback Ratio was 8.90. The lowest was -9.70. And the median was 2.50.

CAKE's 3-Year Average Buyback Ratio is ranked higher than
90% of the 182 Companies
in the Global Restaurants industry.

( Industry Median: -1.10 vs. CAKE: 2.90 )

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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