Switch to:
HRG Group Inc (NYSE:HRG)
3-Year Average Buyback Ratio
-12.80 (As of Mar. 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 Buyback Ratio Range Over the Past 10 Years
Min: -94.7   Max: 6.8
Current: -12.8

-94.7
6.8

During the past 13 years, HRG Group Inc's highest 3-Year Average Share Buyback Ratio was 6.80. The lowest was -94.70. And the median was -0.20.

HRG's 3-Year Average Buyback Ratio is ranked lower than
67% of the 183 Companies
in the Global Conglomerates industry.

( Industry Median: -3.40 vs. HRG: -12.80 )

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

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK