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Sutor Technology Group Ltd (NAS:SUTR)
3-Year Buyback Ratio
-1.20 (As of Mar. 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: -1.2   Max: -532.5
Current: -1.2

During the past 11 years, Sutor Technology Group Ltd's highest 3-Year Average Share Buyback Ratio was -532.50. The lowest was -1.20. And the median was -7.40.

SUTR's Buyback Ratiois ranked higher than
68% of the 286 Companies
in the Global Steel industry.

( Industry Median: -0.80 vs. SUTR: -1.20 )

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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