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ORBCOMM Inc (NAS:ORBC)
3-Year Buyback Ratio
-4.60 (As of Mar. 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.

ORBC' s 10-Year Buyback Ratio Range
Min: 0   Max: -94.8
Current: -4.6

During the past 13 years, ORBCOMM Inc's highest 3-Year Average Share Buyback Ratio was -94.80. The lowest was 0.00. And the median was -3.15.

ORBC's Buyback Ratiois ranked higher than
72% of the 617 Companies
in the Global Telecom Services industry.

( Industry Median: -0.20 vs. ORBC: -4.60 )

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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