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Prestige Brands Holdings Inc (NYSE:PBH)
3-Year Average Buyback Ratio
-1.00 (As of Mar. 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.

PBH' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -23.5   Max: 0
Current: -1

-23.5
0

During the past 13 years, Prestige Brands Holdings Inc's highest 3-Year Average Share Buyback Ratio was 0.00. The lowest was -23.50. And the median was -0.20.

PBH's 3-Year Average Buyback Ratio is ranked lower than
52% of the 31 Companies
in the Global Medical Distribution industry.

( Industry Median: -0.80 vs. PBH: -1.00 )

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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