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Finisar Corp (NAS:FNSR)
3-Year Buyback Ratio
-3.90 (As of Jul. 2014)

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 10-Year Buyback Ratio Range
Min: -3.9   Max: -33.9
Current: -3.9

During the past 13 years, Finisar Corp's highest 3-Year Average Share Buyback Ratio was -33.90. The lowest was -3.90. And the median was -11.60.

FNSR's Buyback Ratiois ranked higher than
61% of the 398 Companies
in the Global Communication Equipment industry.

( Industry Median: -0.90 vs. FNSR: -3.90 )

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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