Switch to:
J&J Snack Foods Corp (NAS:JJSF)
3-Year Average Buyback Ratio
0.20 (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.

JJSF' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -1.8   Max: 1.5
Current: 0.2

-1.8
1.5

During the past 13 years, J&J Snack Foods Corp's highest 3-Year Average Share Buyback Ratio was 1.50. The lowest was -1.80. And the median was -0.30.

JJSF's 3-Year Average Buyback Ratio is ranked higher than
76% of the 721 Companies
in the Global Packaged Foods industry.

( Industry Median: -1.70 vs. JJSF: 0.20 )

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