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Quality Systems Inc (NAS:QSII)
3-Year Average Buyback Ratio
-0.80 (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.

QSII' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -2.8   Max: 0.6
Current: -0.8

-2.8
0.6

During the past 13 years, Quality Systems Inc's highest 3-Year Average Share Buyback Ratio was 0.60. The lowest was -2.80. And the median was -1.30.

QSII's 3-Year Average Buyback Ratio is ranked higher than
64% of the 1152 Companies
in the Global Health Information Services industry.

( Industry Median: -2.50 vs. QSII: -0.80 )

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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