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Synageva BioPharma Corp (NAS:GEVA)
3-Year Buyback Ratio
-857.50 (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.

GEVA' s 10-Year Buyback Ratio Range
Min: 80.7   Max: -857.5
Current: -857.5

During the past 13 years, Synageva BioPharma Corp's highest 3-Year Average Share Buyback Ratio was -857.50. The lowest was 80.70. And the median was -8.60.

GEVA's Buyback Ratiois ranked higher than
52% of the 855 Companies
in the Global Biotechnology industry.

( Industry Median: -11.00 vs. GEVA: -857.50 )

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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