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Fifth Street Finance Corp (NAS:FSC)
3-Year Average Buyback Ratio
-22.40 (As of Dec. 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.

FSC' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -64.1   Max: -22.4
Current: -22.4

-64.1
-22.4

During the past 8 years, Fifth Street Finance Corp's highest 3-Year Average Share Buyback Ratio was -22.40. The lowest was -64.10. And the median was -37.50.

FSC's 3-Year Average Buyback Ratio is ranked lower than
85% of the 146 Companies
in the Global Credit Services industry.

( Industry Median: -3.40 vs. FSC: -22.40 )

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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