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ORBCOMM Inc (NAS:ORBC)
3-Year Average Buyback Ratio
-14.70 (As of Jun. 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.

ORBC' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -94.9   Max: 0
Current: -14.7

-94.9
0

During the past 13 years, ORBCOMM Inc's highest 3-Year Average Share Buyback Ratio was 0.00. The lowest was -94.90. And the median was -3.75.

ORBC's 3-Year Average Buyback Ratio is ranked lower than
81% of the 276 Companies
in the Global Telecom Services industry.

( Industry Median: -1.50 vs. ORBC: -14.70 )

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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