Switch to:
Torchmark Corp (NYSE:TMK)
3-Year Average Buyback Ratio
7.00 (As of Sep. 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.

TMK' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: 2.4   Max: 8.9
Current: 7

2.4
8.9

During the past 13 years, Torchmark Corp's highest 3-Year Average Share Buyback Ratio was 8.90. The lowest was 2.40. And the median was 4.65.

TMK's 3-Year Average Buyback Ratio is ranked higher than
94% of the 66 Companies
in the Global Insurance - Life industry.

( Industry Median: -0.30 vs. TMK: 7.00 )

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)

GuruFocus Premium Plus Membership

FEEDBACK