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SandRidge Permian Trust (NYSE:PER)
3-Year Average Buyback Ratio
9.10 (As of Dec. 2015)

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.

PER' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: 9.1   Max: 0
Current: 9.1

During the past 8 years, SandRidge Permian Trust's highest 3-Year Average Share Buyback Ratio was 0.00. The lowest was 9.10. And the median was 0.00.

PER's 3-Year Average Buyback Ratio is ranked higher than
98% of the 387 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -7.90 vs. PER: 9.10 )

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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