GURUFOCUS.COM » STOCK LIST » Technology » Hardware » NetApp Inc (MIC:NTAP-RM) » Definitions » 3-Year Share Buyback Ratio

NetApp (MIC:NTAP-RM) 3-Year Share Buyback Ratio : 3.00% (As of Apr. 2025)


View and export this data going back to 2021. Start your Free Trial

What is NetApp 3-Year Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. NetApp's current 3-Year Share Buyback Ratio was 3.00%.

The historical rank and industry rank for NetApp's 3-Year Share Buyback Ratio or its related term are showing as below:

MIC:NTAP-RM' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -6.9   Med: 1.8   Max: 7.6
Current: 3

During the past 13 years, NetApp's highest 3-Year Share Buyback Ratio was 7.60%. The lowest was -6.90%. And the median was 1.80%.

MIC:NTAP-RM's 3-Year Share Buyback Ratio is ranked better than
96.76% of 1606 companies
in the Hardware industry
Industry Median: -1.5 vs MIC:NTAP-RM: 3.00

Competitive Comparison of NetApp's 3-Year Share Buyback Ratio

For the Computer Hardware subindustry, NetApp's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

NetApp's 3-Year Share Buyback Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, NetApp's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where NetApp's 3-Year Share Buyback Ratio falls into.


;
;

NetApp 3-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

NetApp (MIC:NTAP-RM) 3-Year Share Buyback Ratio 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.

NetApp 3-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of NetApp's 3-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

NetApp Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » NetApp Inc (MIC:NTAP-RM) » Definitions » 3-Year Share Buyback Ratio
Comparable Companies
WDC HPQ PSTG SMCI STX IONQ SNDK QBTS RGTI QUBT ANET DELL SHSE:688041 TPE:2382 SZSE:002415 TSE:7751 TPE:2357 TPE:6669 HKSE:00992 SHSE:603019
Traded in Other Exchanges
NTAP:USA 0K6F:UK NTA:Germany N1TA34:Brazil
Address
3060 Olsen Drive, San Jose, CA, USA, 95128
Website
https://www.netapp.com
NetApp Inc is a provider of enterprise data management and storage solutions. The company's segments include Hybrid Cloud and Public Cloud. It generates maximum revenue from the Hybrid Cloud segment. The Hybrid Cloud segment offers a portfolio of storage management and infrastructure solutions that help customers recast their traditional data centers with the power of cloud. This portfolio is designed to operate with public clouds to unlock the potential of hybrid, multi-cloud operations. Hybrid Cloud is composed of software, hardware, and related support, as well as professional and other services.

NetApp Headlines

No Headlines