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GuruFocus has detected 4 Warning Signs with Trimble Inc $TRMB.
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Trimble Inc (NAS:TRMB)
3-Year Average Share Buyback Ratio
0.90 (As of Dec. 2016)

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.

TRMB' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -18.8   Max: 0
Current: 0.9

-18.8
0

During the past 13 years, Trimble Inc's highest 3-Year Average Share Buyback Ratio was 0.00. The lowest was -18.80. And the median was -3.00.

TRMB's 3-Year Average Share Buyback Ratio is ranked higher than
87% of the 1305 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: -2.00 vs. TRMB: 0.90 )

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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