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Weatherford International PLC (NYSE:WFT)
3-Year Buyback Ratio
-1.30 (As of Jun. 2014)

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.

WFT' s 10-Year Buyback Ratio Range
Min: -0.6   Max: -1871.9
Current: -1.3

During the past 13 years, Weatherford International PLC's highest 3-Year Average Share Buyback Ratio was -1871.90. The lowest was -0.60. And the median was -4.70.

WFT's Buyback Ratiois ranked higher than
84% of the 390 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: -2.30 vs. WFT: -1.30 )

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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