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PMC-Sierra Inc (NAS:PMCS)
3-Year Average Buyback Ratio
4.70 (As of Sep. 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.

PMCS' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -10.9   Max: 5.7
Current: 4.7

-10.9
5.7

During the past 13 years, PMC-Sierra Inc's highest 3-Year Average Share Buyback Ratio was 5.70. The lowest was -10.90. And the median was -2.85.

PMCS's 3-Year Average Buyback Ratio is ranked higher than
97% of the 601 Companies
in the Global Semiconductors industry.

( Industry Median: -2.50 vs. PMCS: 4.70 )

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

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