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Westwood Holdings Group Inc (NYSE:WHG)
3-Year Average Buyback Ratio
-2.40 (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.

WHG' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -6.2   Max: -1
Current: -2.4

-6.2
-1

During the past 13 years, Westwood Holdings Group Inc's highest 3-Year Average Share Buyback Ratio was -1.00. The lowest was -6.20. And the median was -3.50.

WHG's 3-Year Average Buyback Ratio is ranked lower than
55% of the 872 Companies
in the Global Asset Management industry.

( Industry Median: -1.30 vs. WHG: -2.40 )

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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