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Seagate Technology PLC (NAS:STX)
3-Year Average Buyback Ratio
9.10 (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.

STX' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -5.6   Max: 0
Current: 9.1

-5.6
0

During the past 13 years, Seagate Technology PLC's highest 3-Year Average Share Buyback Ratio was 0.00. The lowest was -5.60. And the median was 4.30.

STX's 3-Year Average Buyback Ratio is ranked higher than
98% of the 1463 Companies
in the Global Data Storage industry.

( Industry Median: -1.10 vs. STX: 9.10 )

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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