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GuruFocus has detected 5 Warning Signs with AmerisourceBergen Corp $ABC.
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AmerisourceBergen Corp (NYSE:ABC)
3-Year Average Share Buyback Ratio
1.50 (As of Mar. 2017)

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.

ABC' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -75.8   Max: 9.9
Current: 1.5

-75.8
9.9

During the past 13 years, AmerisourceBergen Corp's highest 3-Year Average Share Buyback Ratio was 9.90. The lowest was -75.80. And the median was 2.85.

ABC's 3-Year Average Share Buyback Ratio is ranked higher than
89% of the 35 Companies
in the Global Medical Distribution industry.

( Industry Median: -1.40 vs. ABC: 1.50 )

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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