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.
The historical rank and industry rank for Micron Technology's 3-Year Average Share Buyback Ratio or its related term are showing as below:
MU'
s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -20 Med: -2.9 Max: 17.9
Current: 1.2
During the past years, Micron Technology's highest 3-Year Average Share Buyback Ratio was 17.90. The lowest was -20.00. And the median was -2.90.
MU's 3-Year Average Share Buyback Ratio is ranked better than 93.75% of 672
companies
in the Semiconductors industry
Industry Median: -4.40
vs MU: 1.20
Micron Technology 3-Year Average Share Buyback Ratio Historical Data
The historical data trend for Micron Technology's 3-Year Average Share Buyback Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Micron Technology Annual Data
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3-Year Average Share Buyback Ratio
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Micron Technology Quarterly Data
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3-Year Average Share Buyback Ratio
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Competitive Comparison
For the Semiconductors subindustry, Micron Technology's 3-Year Average Share Buyback Ratio, along with its competitors' market caps and 3-Year Average 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.
Micron Technology 3-Year Average Share Buyback Ratio Distribution
For the Semiconductors industry and Technology sector, Micron Technology's 3-Year Average Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Micron Technology's 3-Year Average Share Buyback Ratio falls into.
Micron Technology 3-Year Average Share Buyback Ratio Calculation
This is the average share buyback rate of the company over the past 3 years.
Micron Technology (NAS:MU) 3-Year Average 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.
Micron Technology 3-Year Average Share Buyback Ratio Related Terms
Thank you for viewing the detailed overview of Micron Technology's 3-Year Average Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Micron historically focused on designing and manufacturing DRAM for PCs. The firm then expanded into the NAND flash memory market. It increased its DRAM scale with the purchase of Elpida (completed in mid-2013) and Inotera (completed in December 2016). The firm's DRAM and NAND products tailored to PCs, data centers, smartphones, game consoles, automotives, and other computing devices.
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