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GuruFocus has detected 9 Warning Signs with HRG Group Inc $HRG.
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HRG Group Inc (NYSE:HRG)
3-Year Average Share Buyback Ratio
-12.10 (As of Dec. 2016)

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.

HRG' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -94.7   Max: 0
Current: -12.1

-94.7
0

During the past 13 years, HRG Group Inc's highest 3-Year Average Share Buyback Ratio was 0.00. The lowest was -94.70. And the median was -0.20.

HRG's 3-Year Average Share Buyback Ratio is ranked lower than
67% of the 199 Companies
in the Global Conglomerates industry.

( Industry Median: -2.80 vs. HRG: -12.10 )

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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