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GuruFocus has detected 6 Warning Signs with Mobile Mini Inc $MINI.
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Mobile Mini Inc (NAS:MINI)
3-Year Average Share Buyback Ratio
1.70 (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.

MINI' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -35.7   Max: 1.7
Current: 1.7

-35.7
1.7

During the past 13 years, Mobile Mini Inc's highest 3-Year Average Share Buyback Ratio was 1.70. The lowest was -35.70. And the median was -7.70.

MINI's 3-Year Average Share Buyback Ratio is ranked higher than
91% of the 146 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: -1.20 vs. MINI: 1.70 )

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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