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PartnerRe Ltd (NYSE:PRE)
3-Year Average Buyback Ratio
8.80 (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.

PRE' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -10.8   Max: 10.3
Current: 8.8

-10.8
10.3

During the past 13 years, PartnerRe Ltd's highest 3-Year Average Share Buyback Ratio was 10.30. The lowest was -10.80. And the median was -1.15.

PRE's 3-Year Average Buyback Ratio is ranked higher than
95% of the 37 Companies
in the Global Insurance - Reinsurance industry.

( Industry Median: 0.40 vs. PRE: 8.80 )

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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