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MasTec, Inc. (NYSE:MTZ)
3-Year Buyback Ratio
2.20 (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.

MTZ' s 10-Year Buyback Ratio Range
Min: 6.2   Max: -11.7
Current: 2.2

During the past 13 years, MasTec, Inc.'s highest 3-Year Average Share Buyback Ratio was -11.70. The lowest was 6.20. And the median was -4.40.

MTZ's Buyback Ratiois ranked higher than
93% of the 578 Companies
in the Global Engineering & Construction industry.

( Industry Median: -1.30 vs. MTZ: 2.20 )

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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