Switch to:
GuruFocus has detected 1 Warning Sign with Cascadian Therapeutics Inc $CASC.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Cascadian Therapeutics Inc (NAS:CASC)
3-Year Average Share Buyback Ratio
-24.20 (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.

CASC' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -33   Max: -3.9
Current: -24.2

-33
-3.9

During the past 13 years, Cascadian Therapeutics Inc's highest 3-Year Average Share Buyback Ratio was -3.90. The lowest was -33.00. And the median was -14.60.

CASC's 3-Year Average Share Buyback Ratio is ranked lower than
73% of the 563 Companies
in the Global Biotechnology industry.

( Industry Median: -10.90 vs. CASC: -24.20 )

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)
FEEDBACK