Switch to:
Penn National Gaming Inc (NAS:PENN)
3-Year Buyback Ratio
0.00 (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.

PENN' s 10-Year Buyback Ratio Range
Min: 25.6   Max: -44.4
Current: 0

During the past 13 years, Penn National Gaming Inc's highest 3-Year Average Share Buyback Ratio was -44.40. The lowest was 25.60. And the median was -2.70.

PENN's Buyback Ratiois ranked lower than
107% of the 649 Companies
in the Global Resorts & Casinos industry.

( Industry Median: -0.80 vs. PENN: 0.00 )

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

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK