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JetBlue Airways Corp (NAS:JBLU)
3-Year Average Buyback Ratio
0.30 (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.

JBLU' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -390.2   Max: 0.3
Current: 0.3

-390.2
0.3

During the past 13 years, JetBlue Airways Corp's highest 3-Year Average Share Buyback Ratio was 0.30. The lowest was -390.20. And the median was -12.70.

JBLU's 3-Year Average Buyback Ratio is ranked higher than
70% of the 47 Companies
in the Global Airlines industry.

( Industry Median: -1.90 vs. JBLU: 0.30 )

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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