Switch to:
Illumina Inc (NAS:ILMN)
3-Year Average Buyback Ratio
-5.70 (As of Jun. 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.

ILMN' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -184.6   Max: 0.6
Current: -5.7

-184.6
0.6

During the past 13 years, Illumina Inc's highest 3-Year Average Share Buyback Ratio was 0.60. The lowest was -184.60. And the median was -5.75.

ILMN's 3-Year Average Buyback Ratio is ranked lower than
62% of the 130 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: -3.10 vs. ILMN: -5.70 )

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

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