Switch to:
TJX Companies (NYSE:TJX)
3-Year Buyback Ratio
3.70 (As of Oct. 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.

TJX' s 10-Year Buyback Ratio Range
Min: 6.1   Max: -6.4
Current: 3.7

During the past 13 years, TJX Companies's highest 3-Year Average Share Buyback Ratio was -6.40. The lowest was 6.10. And the median was 3.80.

TJX's Buyback Ratiois ranked higher than
93% of the 849 Companies
in the Global Apparel Stores industry.

( Industry Median: -0.30 vs. TJX: 3.70 )

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)
Free 7-day Trial
FEEDBACK