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Citrix Systems, Inc. (NAS:CTXS)
3-Year Buyback Ratio
0.40 (As of Dec. 2013)

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.

CTXS' s 10-Year Buyback Ratio Range
Min: 3.5   Max: -24.3
Current: 0.4

During the past 13 years, Citrix Systems, Inc.'s highest 3-Year Average Share Buyback Ratio was -24.30. The lowest was 3.50. And the median was -0.70.

CTXS's Buyback Ratiois ranked higher than
85% of the 1057 Companies
in the Global Software - Infrastructure industry.

( Industry Median: -1.60 vs. CTXS: 0.40 )

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

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