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DeVry Education Group Inc (NYSE:DV)
3-Year Average Buyback Ratio
0.60 (As of Mar. 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.

DV' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -0.4   Max: 3.9
Current: 0.6

-0.4
3.9

During the past 13 years, DeVry Education Group Inc's highest 3-Year Average Share Buyback Ratio was 3.90. The lowest was -0.40. And the median was -0.20.

DV's 3-Year Average Buyback Ratio is ranked higher than
71% of the 90 Companies
in the Global Education & Training Services industry.

( Industry Median: -0.70 vs. DV: 0.60 )

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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