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Cheesecake Factory Inc (NAS:CAKE)
3-Year Buyback Ratio
3.50 (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.

CAKE' s 10-Year Buyback Ratio Range
Min: 8.9   Max: -9.7
Current: 3.5

During the past 13 years, Cheesecake Factory Inc's highest 3-Year Average Share Buyback Ratio was -9.70. The lowest was 8.90. And the median was -1.10.

CAKE's Buyback Ratiois ranked higher than
93% of the 269 Companies
in the Global Restaurants industry.

( Industry Median: -0.30 vs. CAKE: 3.50 )

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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