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GuruFocus has detected 4 Warning Signs with ORBCOMM Inc $ORBC.
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ORBCOMM Inc (NAS:ORBC)
3-Year Average Share Buyback Ratio
-13.80 (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.

ORBC' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -70.4   Max: 0
Current: -13.8

-70.4
0

During the past 13 years, ORBCOMM Inc's highest 3-Year Average Share Buyback Ratio was 0.00. The lowest was -70.40. And the median was -4.20.

ORBC's 3-Year Average Share Buyback Ratio is ranked lower than
81% of the 271 Companies
in the Global Telecom Services industry.

( Industry Median: -1.60 vs. ORBC: -13.80 )

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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