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Nike Inc (NYSE:NKE)
3-Year Average Buyback Ratio
2.00 (As of Aug. 2016)

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.

NKE' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: 0.6   Max: 2.6
Current: 2

0.6
2.6

During the past 13 years, Nike Inc's highest 3-Year Average Share Buyback Ratio was 2.60. The lowest was 0.60. And the median was 1.90.

NKE's 3-Year Average Buyback Ratio is ranked higher than
90% of the 353 Companies
in the Global Footwear & Accessories industry.

( Industry Median: -1.50 vs. NKE: 2.00 )

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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