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Pentair PLC (NYSE:PNR)
3-Year Average Buyback Ratio
4.30 (As of Sep. 2016)

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.

PNR' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -27.8   Max: 17.7
Current: 4.3

-27.8
17.7

During the past 13 years, Pentair PLC's highest 3-Year Average Share Buyback Ratio was 17.70. The lowest was -27.80. And the median was -0.50.

PNR's 3-Year Average Buyback Ratio is ranked higher than
97% of the 930 Companies
in the Global Diversified Industrials industry.

( Industry Median: -1.30 vs. PNR: 4.30 )

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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