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First Cash Financial Services Inc (NAS:FCFS)
3-Year Average Buyback Ratio
1.80 (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.

FCFS' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -33.8   Max: 2.5
Current: 1.8

-33.8
2.5

During the past 13 years, First Cash Financial Services Inc's highest 3-Year Average Share Buyback Ratio was 2.50. The lowest was -33.80. And the median was -0.75.

FCFS's 3-Year Average Buyback Ratio is ranked higher than
82% of the 127 Companies
in the Global Credit Services industry.

( Industry Median: -2.70 vs. FCFS: 1.80 )

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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