Switch to:
ConocoPhillips (NYSE:COP)
3-Year Buyback Ratio
6.00 (As of Jun. 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.

COP' s 10-Year Buyback Ratio Range
Min: 6   Max: -38.8
Current: 6

During the past 13 years, ConocoPhillips's highest 3-Year Average Share Buyback Ratio was -38.80. The lowest was 6.00. And the median was -0.50.

COP's Buyback Ratiois ranked higher than
98% of the 163 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: -0.20 vs. COP: 6.00 )

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