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Douglas Dynamics Inc (NYSE:PLOW)
3-Year Average Buyback Ratio
-0.60 (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.

PLOW' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -14.2   Max: 0
Current: -0.6

-14.2
0

During the past 9 years, Douglas Dynamics Inc's highest 3-Year Average Share Buyback Ratio was 0.00. The lowest was -14.20. And the median was -2.60.

PLOW's 3-Year Average Buyback Ratio is ranked higher than
58% of the 647 Companies
in the Global Auto Parts industry.

( Industry Median: -1.20 vs. PLOW: -0.60 )

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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