Switch to:
Seagate Technology PLC (NAS:STX)
3-Year Average Buyback Ratio
6.00 (As of Jun. 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.

STX' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -9.5   Max: 0
Current: 6

-9.5
0

During the past 13 years, Seagate Technology PLC's highest 3-Year Average Share Buyback Ratio was 0.00. The lowest was -9.50. And the median was 5.60.

STX's 3-Year Average Buyback Ratio is ranked higher than
96% of the 1309 Companies
in the Global Data Storage industry.

( Industry Median: -2.00 vs. STX: 6.00 )

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

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK