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Tesla Motors Inc (NAS:TSLA)
3-Year Average Buyback Ratio
-4.80 (As of Sep. 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.

TSLA' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -13.7   Max: 0
Current: -4.8

-13.7
0

During the past 9 years, Tesla Motors Inc's highest 3-Year Average Share Buyback Ratio was 0.00. The lowest was -13.70. And the median was -5.55.

TSLA's 3-Year Average Buyback Ratio is ranked lower than
63% of the 580 Companies
in the Global Auto Manufacturers industry.

( Industry Median: -2.20 vs. TSLA: -4.80 )

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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