Switch to:
Morningstar Inc (NAS:MORN)
3-Year Average Buyback Ratio
3.40 (As of Dec. 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.

MORN' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -6.8   Max: 4.1
Current: 3.4

-6.8
4.1

During the past 13 years, Morningstar Inc's highest 3-Year Average Share Buyback Ratio was 4.10. The lowest was -6.80. And the median was -1.20.

MORN's 3-Year Average Buyback Ratio is ranked higher than
93% of the 444 Companies
in the Global Business Services industry.

( Industry Median: -1.20 vs. MORN: 3.40 )

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

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)

GuruFocus Premium Plus Membership

FEEDBACK