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Lydall Inc (NYSE:LDL)
3-Year Average Buyback Ratio
-0.20 (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.

LDL' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -3.4   Max: 4.5
Current: -0.2

-3.4
4.5

During the past 13 years, Lydall Inc's highest 3-Year Average Share Buyback Ratio was 4.50. The lowest was -3.40. And the median was -0.60.

LDL's 3-Year Average Buyback Ratio is ranked higher than
68% of the 651 Companies
in the Global Auto Parts industry.

( Industry Median: -1.40 vs. LDL: -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

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