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Zale Corporation (NYSE:ZLC)
3-Year Buyback Ratio
-8.50 (As of Jan. 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.

ZLC' s 10-Year Buyback Ratio Range
Min: 13.5   Max: -8.5
Current: -8.5

During the past 13 years, Zale Corporation's highest 3-Year Average Share Buyback Ratio was -8.50. The lowest was 13.50. And the median was 3.20.

ZLC's Buyback Ratiois ranked higher than
52% of the 654 Companies
in the Global Luxury Goods industry.

( Industry Median: -0.60 vs. ZLC: -8.50 )

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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