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Vonage Holdings Corp (NYSE:VG)
3-Year Average Buyback Ratio
3.20 (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.

VG' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -385.5   Max: 3.2
Current: 3.2

-385.5
3.2

During the past 13 years, Vonage Holdings Corp's highest 3-Year Average Share Buyback Ratio was 3.20. The lowest was -385.50. And the median was -11.00.

VG's 3-Year Average Buyback Ratio is ranked higher than
91% of the 304 Companies
in the Global Telecom Services industry.

( Industry Median: -1.00 vs. VG: 3.20 )

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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