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First Cash Financial Services Inc (NAS:FCFS)
3-Year Buyback Ratio
1.60 (As of Dec. 2013)

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 10-Year Buyback Ratio Range
Min: 3.3   Max: -36.1
Current: 1.6

During the past 13 years, First Cash Financial Services Inc's highest 3-Year Average Share Buyback Ratio was -36.10. The lowest was 3.30. And the median was -1.40.

FCFS's Buyback Ratiois ranked higher than
89% of the 98 Companies
in the Global Credit Services industry.

( Industry Median: -1.50 vs. FCFS: 1.60 )

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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