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Steiner Leisure Ltd (NAS:STNR)
3-Year Buyback Ratio
0.60 (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.

STNR' s 10-Year Buyback Ratio Range
Min: 5.8   Max: -14.6
Current: 0.6

During the past 13 years, Steiner Leisure Ltd's highest 3-Year Average Share Buyback Ratio was -14.60. The lowest was 5.80. And the median was 1.10.

STNR's Buyback Ratiois ranked higher than
78% of the 60 Companies
in the Global Personal Services industry.

( Industry Median: -1.40 vs. STNR: 0.60 )

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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