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Symantec Corp (NAS:SYMC)
3-Year Buyback Ratio
3.60 (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.

SYMC' s 10-Year Buyback Ratio Range
Min: 6.8   Max: -14.5
Current: 3.6

During the past 13 years, Symantec Corp's highest 3-Year Average Share Buyback Ratio was -14.50. The lowest was 6.80. And the median was -4.20.

SYMC's Buyback Ratiois ranked higher than
94% of the 1184 Companies
in the Global Software - Application industry.

( Industry Median: -1.30 vs. SYMC: 3.60 )

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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