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 Philip Morris International's 3-Year Average Share Buyback Ratio or its related term are showing as below:
PM'
s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -1.2 Med: 1.7 Max: 5.1
Current: 0.1
During the past years, Philip Morris International's highest 3-Year Average Share Buyback Ratio was 5.10. The lowest was -1.20. And the median was 1.70.
PM's 3-Year Average Share Buyback Ratio is ranked better than 59.26% of 27
companies
in the Tobacco Products industry
Industry Median: -0.30
vs PM: 0.10
Philip Morris International 3-Year Average Share Buyback Ratio Historical Data
The historical data trend for Philip Morris International'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.
Philip Morris International Annual Data
Trend
Dec12
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Dec18
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Dec21
3-Year Average Share Buyback Ratio
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Philip Morris International Quarterly Data
Sep17
Dec17
Mar18
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Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
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Mar22
Jun22
3-Year Average Share Buyback Ratio
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Competitive Comparison
For the Tobacco subindustry, Philip Morris International'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.
Philip Morris International 3-Year Average Share Buyback Ratio Distribution
For the Tobacco Products industry and Consumer Defensive sector, Philip Morris International's 3-Year Average Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Philip Morris International's 3-Year Average Share Buyback Ratio falls into.
Philip Morris International 3-Year Average Share Buyback Ratio Calculation
This is the average share buyback rate of the company over the past 3 years.
Philip Morris International (NYSE:PM) 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.
Philip Morris International 3-Year Average Share Buyback Ratio Related Terms
Thank you for viewing the detailed overview of Philip Morris International's 3-Year Average Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Philip Morris International is a leading international tobacco company engaged in the manufacture and sale of cigarettes and other nicotine-containing products in markets outside the United States. Through multidisciplinary capabilities in product development, state-of-the-art facilities, and scientific substantiation, the company aims to ensure that its smoke-free products meet adult consumer preferences and rigorous regulatory requirements. Management's vision is that these products ultimately replace cigarettes.
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