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Shire PLC (NAS:SHPG)
3-Year Buyback Ratio
0.00 (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.

SHPG' s 10-Year Buyback Ratio Range
Min: 1.4   Max: -28.8
Current: 0

During the past 13 years, Shire PLC's highest 3-Year Average Share Buyback Ratio was -28.80. The lowest was 1.40. And the median was -2.70.

SHPG's Buyback Ratiois ranked lower than
78% of the 743 Companies
in the Global Biotechnology industry.

( Industry Median: -10.00 vs. SHPG: 0.00 )

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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