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MWI Veterinary Supply Inc (NAS:MWIV)
3-Year Buyback Ratio
-0.60 (As of Sep. 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.

MWIV' s 10-Year Buyback Ratio Range
Min: 0   Max: -27
Current: -0.6

During the past 13 years, MWI Veterinary Supply Inc's highest 3-Year Average Share Buyback Ratio was -27.00. The lowest was 0.00. And the median was -0.85.

MWIV's Buyback Ratiois ranked higher than
67% of the 49 Companies
in the Global Medical Distribution industry.

( Industry Median: -0.20 vs. MWIV: -0.60 )

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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