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JPMorgan Chase & Co (NYSE:JPM)
3-Year Buyback Ratio
1.40 (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.

JPM' s 10-Year Buyback Ratio Range
Min: 1.4   Max: -20.9
Current: 1.4

During the past 13 years, JPMorgan Chase & Co's highest 3-Year Average Share Buyback Ratio was -20.90. The lowest was 1.40. And the median was -4.30.

JPM's Buyback Ratiois ranked higher than
93% of the 1170 Companies
in the Global Banks - Global industry.

( Industry Median: -2.70 vs. JPM: 1.40 )

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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