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GuruFocus has detected 3 Warning Signs with InterDigital Inc $NAS:IDCC.
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InterDigital Inc (NAS:IDCC)
3-Year Average Share Buyback Ratio
5.20 (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.

NAS:IDCC' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -27.5   Max: 7.2
Current: 5.2

-27.5
7.2

During the past 13 years, InterDigital Inc's highest 3-Year Average Share Buyback Ratio was 7.20. The lowest was -27.50. And the median was -1.50.

NAS:IDCC's 3-Year Average Share Buyback Ratio is ranked higher than
94% of the 271 Companies
in the Global Telecom Services industry.

( Industry Median: -1.60 vs. NAS:IDCC: 5.20 )

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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