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Diamond Foods Inc (NAS:DMND)
3-Year Buyback Ratio
-5.00 (As of Apr. 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.

DMND' s 10-Year Buyback Ratio Range
Min: 0   Max: -11.2
Current: -5

During the past 14 years, Diamond Foods Inc's highest 3-Year Average Share Buyback Ratio was -11.20. The lowest was 0.00. And the median was -1.40.

DMND's Buyback Ratiois ranked higher than
57% of the 931 Companies
in the Global Packaged Foods industry.

( Industry Median: -0.30 vs. DMND: -5.00 )

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

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