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GuruFocus has detected 2 Warning Signs with Lydall Inc $LDL.
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Lydall Inc (NYSE:LDL)
3-Year Average Share Buyback Ratio
-0.80 (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.

LDL' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -2.3   Max: 3.2
Current: -0.8

-2.3
3.2

During the past 13 years, Lydall Inc's highest 3-Year Average Share Buyback Ratio was 3.20. The lowest was -2.30. And the median was -0.40.

LDL's 3-Year Average Share Buyback Ratio is ranked higher than
59% of the 611 Companies
in the Global Auto Parts industry.

( Industry Median: -2.00 vs. LDL: -0.80 )

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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