Pure Storage (MEX:PSTG) 3-Year Share Buyback Ratio : -3.70% (As of Jan. 2025)

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What is Pure Storage 3-Year Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Pure Storage's current 3-Year Share Buyback Ratio was -3.70%.

The historical rank and industry rank for Pure Storage's 3-Year Share Buyback Ratio or its related term are showing as below:

MEX:PSTG' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -12.4 Med: -8 Max: -3.7
Current: -3.7

During the past 12 years, Pure Storage's highest 3-Year Share Buyback Ratio was -3.70%. The lowest was -12.40%. And the median was -8.00%.

MEX:PSTG's 3-Year Share Buyback Ratio is ranked worse than
60.19% of 1643 companies
in the Hardware industry
Industry Median: -2 vs MEX:PSTG: -3.70

Competitive Comparison of Pure Storage's 3-Year Share Buyback Ratio

For the Computer Hardware subindustry, Pure Storage's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year 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.

Pure Storage's 3-Year Share Buyback Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Pure Storage's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Pure Storage's 3-Year Share Buyback Ratio falls into.

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Pure Storage 3-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Pure Storage (MEX:PSTG) 3-Year 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.

Pure Storage 3-Year Share Buyback Ratio Related Terms

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Pure Storage Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Pure Storage Inc (MEX:PSTG) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

PSTG:USA 0KSA:UK 6PU:Germany 6PU:Germany

Address

2555 Augustine Drive, Santa Clara, CA, USA, 95054

Website

https://www.purestorage.com

Pure Storage Inc is a U.S.-based company that provides an enterprise data storage platform that transforms business through a dramatic increase in performance and reduction in complexity and costs. It generates revenue from two sources: product revenue, which includes the sale of integrated storage hardware and embedded operating system software; and subscription services revenue, which includes Evergreen Storage subscriptions, a unified subscription that includes Pure as-a-Service, Cloud Block Store, and Portworx. Subscription services revenue also includes professional services offerings such as installation and implementation consulting services.