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Sirona Dental Systems Inc (NAS:SIRO)
3-Year Average Buyback Ratio
-0.50 (As of Dec. 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.

SIRO' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -53.9   Max: 0.3
Current: -0.5

-53.9
0.3

During the past 13 years, Sirona Dental Systems Inc's highest 3-Year Average Share Buyback Ratio was 0.30. The lowest was -53.90. And the median was -0.60.

SIRO's 3-Year Average Buyback Ratio is ranked higher than
72% of the 134 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: -2.80 vs. SIRO: -0.50 )

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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