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Hewlett-Packard Co (NYSE:HPQ)
3-Year Buyback Ratio
6.30 (As of Jan. 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.

HPQ' s 10-Year Buyback Ratio Range
Min: 6.8   Max: -15.7
Current: 6.3

During the past 13 years, Hewlett-Packard Co's highest 3-Year Average Share Buyback Ratio was -15.70. The lowest was 6.80. And the median was 2.55.

HPQ's Buyback Ratiois ranked higher than
95% of the 1229 Companies
in the Global Computer Systems industry.

( Industry Median: -1.20 vs. HPQ: 6.30 )

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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