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United Rentals Inc (NYSE:URI)
3-Year Average Buyback Ratio
0.40 (As of Mar. 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.

URI' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -15.9   Max: 11.1
Current: 0.4

-15.9
11.1

During the past 13 years, United Rentals Inc's highest 3-Year Average Share Buyback Ratio was 11.10. The lowest was -15.90. And the median was -1.70.

URI's 3-Year Average Buyback Ratio is ranked higher than
85% of the 142 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: -1.70 vs. URI: 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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