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Sutor Technology Group Ltd (NAS:SUTR)
3-Year Buyback Ratio
-0.40 (As of Sep. 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.

SUTR' s 10-Year Buyback Ratio Range
Min: -0.4   Max: -532.5
Current: -0.4

During the past 12 years, Sutor Technology Group Ltd's highest 3-Year Average Share Buyback Ratio was -532.50. The lowest was -0.40. And the median was -3.90.

SUTR's Buyback Ratiois ranked higher than
71% of the 336 Companies
in the Global Steel industry.

( Industry Median: -0.80 vs. SUTR: -0.40 )

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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