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Iconix Brand Group Inc (NAS:ICON)
3-Year Average Buyback Ratio
8.70 (As of Sep. 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.

ICON' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -34.6   Max: 8.7
Current: 8.7

-34.6
8.7

During the past 13 years, Iconix Brand Group Inc's highest 3-Year Average Share Buyback Ratio was 8.70. The lowest was -34.60. And the median was -10.00.

ICON's 3-Year Average Buyback Ratio is ranked higher than
99% of the 404 Companies
in the Global Apparel Manufacturing industry.

( Industry Median: -1.00 vs. ICON: 8.70 )

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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