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GuruFocus has detected 2 Warning Signs with Splunk Inc $SPLK.
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Splunk Inc (NAS:SPLK)
3-Year Average Share Buyback Ratio
-6.70 (As of Apr. 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.

SPLK' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -85.3   Max: 0
Current: -6.7

-85.3
0

During the past 8 years, Splunk Inc's highest 3-Year Average Share Buyback Ratio was 0.00. The lowest was -85.30. And the median was -9.20.

SPLK's 3-Year Average Share Buyback Ratio is ranked lower than
67% of the 1237 Companies
in the Global Software - Application industry.

( Industry Median: -2.50 vs. SPLK: -6.70 )

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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