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First Cash Financial Services Inc (NAS:FCFS)
3-Year Average Buyback Ratio
2.60 (As of Sep. 2015)

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: -36.1   Max: 3.3
Current: 2.6

-36.1
3.3

During the past 13 years, First Cash Financial Services Inc's highest 3-Year Average Share Buyback Ratio was 3.30. The lowest was -36.10. And the median was -1.25.

FCFS's 3-Year Average Buyback Ratio is ranked higher than
87% of the 143 Companies
in the Global Credit Services industry.

( Industry Median: -4.90 vs. FCFS: 2.60 )

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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