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Total SA (NYSE:TOT)
3-Year Buyback Ratio
-0.40 (As of Dec. 2013)

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.

TOT' s 10-Year Buyback Ratio Range
Min: 90.4   Max: -1192.8
Current: -0.4

During the past 13 years, Total SA's highest 3-Year Average Share Buyback Ratio was -1192.80. The lowest was 90.40. And the median was -0.20.

TOT's Buyback Ratiois ranked higher than
85% of the 149 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: -0.30 vs. TOT: -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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