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GuruFocus has detected 5 Warning Signs with Dow Chemical Co $DOW.
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Dow Chemical Co (NYSE:DOW)
3-Year Average Share Buyback Ratio
2.40 (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.

DOW' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -11   Max: 6.5
Current: 2.4

-11
6.5

During the past 13 years, Dow Chemical Co's highest 3-Year Average Share Buyback Ratio was 6.50. The lowest was -11.00. And the median was -0.10.

DOW's 3-Year Average Share Buyback Ratio is ranked higher than
94% of the 486 Companies
in the Global Chemicals industry.

( Industry Median: -1.60 vs. DOW: 2.40 )

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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