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Fifth Street Finance Corporation (NAS:FSC)
3-Year Buyback Ratio
-29.70 (As of Sep. 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.

FSC' s 10-Year Buyback Ratio Range
Min: -29.7   Max: -64.1
Current: -29.7

During the past 7 years, Fifth Street Finance Corporation's highest 3-Year Average Share Buyback Ratio was -64.10. The lowest was -29.70. And the median was -45.10.

FSC's Buyback Ratiois ranked higher than
51% of the 131 Companies
in the Global Credit Services industry.

( Industry Median: -0.70 vs. FSC: -29.70 )

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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