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J&J Snack Foods Corp (NAS:JJSF)
3-Year Buyback Ratio
-0.30 (As of Dec. 2013)

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 10-Year Buyback Ratio Range
Min: 2.5   Max: -2.2
Current: -0.3

During the past 13 years, J&J Snack Foods Corp's highest 3-Year Average Share Buyback Ratio was -2.20. The lowest was 2.50. And the median was -0.25.

JJSF's Buyback Ratiois ranked higher than
78% of the 794 Companies
in the Global Packaged Foods industry.

( Industry Median: -0.70 vs. JJSF: -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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