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Morningstar Inc (NAS:MORN)
3-Year Buyback Ratio
4.10 (As of Dec. 2014)

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 10-Year Buyback Ratio Range
Min: 4.1   Max: -6.8
Current: 4.1

During the past 13 years, Morningstar Inc's highest 3-Year Average Share Buyback Ratio was -6.80. The lowest was 4.10. And the median was -1.40.

MORN's Buyback Ratiois ranked higher than
95% of the 687 Companies
in the Global Business Services industry.

( Industry Median: -1.20 vs. MORN: 4.10 )

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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