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HP Inc (NYSE:HPQ)
3-Year Average Buyback Ratio
2.40 (As of Oct. 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.

HPQ' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -15.7   Max: 6.8
Current: 2.4

-15.7
6.8

During the past 13 years, HP Inc's highest 3-Year Average Share Buyback Ratio was 6.80. The lowest was -15.70. And the median was 2.70.

HPQ's 3-Year Average Buyback Ratio is ranked higher than
92% of the 1481 Companies
in the Global Computer Systems industry.

( Industry Median: -1.30 vs. HPQ: 2.40 )

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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