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Procera Networks Inc (NAS:PKT)
3-Year Buyback Ratio
-22.60 (As of Jun. 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.

PKT' s 10-Year Buyback Ratio Range
Min: -15.1   Max: -67.7
Current: -22.6

During the past 12 years, Procera Networks Inc's highest 3-Year Average Share Buyback Ratio was -67.70. The lowest was -15.10. And the median was -26.80.

PKT's Buyback Ratiois ranked lower than
53% of the 1212 Companies
in the Global Software - Application industry.

( Industry Median: -1.10 vs. PKT: -22.60 )

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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