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Finisar Corp (NAS:FNSR)
3-Year Average Buyback Ratio
-4.70 (As of Apr. 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.

FNSR' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -32.6   Max: -2.7
Current: -4.7

-32.6
-2.7

During the past 13 years, Finisar Corp's highest 3-Year Average Share Buyback Ratio was -2.70. The lowest was -32.60. And the median was -9.50.

FNSR's 3-Year Average Buyback Ratio is ranked lower than
64% of the 330 Companies
in the Global Communication Equipment industry.

( Industry Median: -2.10 vs. FNSR: -4.70 )

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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