Switch to:
ChemoCentryx Inc (NAS:CCXI)
3-Year Average Buyback Ratio
-7.40 (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.

CCXI' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -7.4   Max: 0
Current: -7.4

-7.4
0

During the past 7 years, ChemoCentryx Inc's highest 3-Year Average Share Buyback Ratio was 0.00. The lowest was -7.40. And the median was 0.00.

CCXI's 3-Year Average Buyback Ratio is ranked higher than
58% of the 560 Companies
in the Global Biotechnology industry.

( Industry Median: -10.70 vs. CCXI: -7.40 )

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

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)

GuruFocus Premium Plus Membership

FEEDBACK