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GuruFocus has detected 2 Warning Signs with Tesco Corp $TESO.
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Tesco Corp (NAS:TESO)
3-Year Average Share Buyback Ratio
-5.60 (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.

TESO' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -12.1   Max: -0.2
Current: -5.6

-12.1
-0.2

During the past 13 years, Tesco Corp's highest 3-Year Average Share Buyback Ratio was -0.20. The lowest was -12.10. And the median was -1.60.

TESO's 3-Year Average Share Buyback Ratio is ranked lower than
55% of the 173 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: -4.50 vs. TESO: -5.60 )

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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