Switch to:
Procera Networks Inc (NAS:PKT)
3-Year Buyback Ratio
-15.70 (As of Dec. 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: -15.7

During the past 13 years, Procera Networks Inc's highest 3-Year Average Share Buyback Ratio was -67.70. The lowest was -15.10. And the median was -24.70.

PKT's Buyback Ratiois ranked higher than
51% of the 1771 Companies
in the Global Software - Application industry.

( Industry Median: -1.40 vs. PKT: -15.70 )

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

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)
FEEDBACK