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Revett Mining Co Inc (AMEX:RVM)
3-Year Buyback Ratio
-7.40 (As of Jun. 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.

RVM' s 10-Year Buyback Ratio Range
Min: 0   Max: -33
Current: -7.4

During the past 10 years, Revett Mining Co Inc's highest 3-Year Average Share Buyback Ratio was -33.00. The lowest was 0.00. And the median was -18.40.

RVM's Buyback Ratiois ranked higher than
84% of the 2028 Companies
in the Global Industrial Metals & Minerals industry.

( Industry Median: -10.90 vs. RVM: -7.40 )

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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