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PMC-Sierra Inc (NAS:PMCS)
3-Year Buyback Ratio
4.60 (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.

PMCS' s 10-Year Buyback Ratio Range
Min: 4.6   Max: -14.2
Current: 4.6

During the past 13 years, PMC-Sierra Inc's highest 3-Year Average Share Buyback Ratio was -14.20. The lowest was 4.60. And the median was -4.10.

PMCS's Buyback Ratiois ranked higher than
95% of the 623 Companies
in the Global Semiconductors industry.

( Industry Median: -1.40 vs. PMCS: 4.60 )

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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