NeuroMetrix (NURO)
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NeuroMetrix Stock Buybacks Chart
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NeuroMetrix Historical Stock Buybacks Data
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About Stock Buybacks
Stock buybacks are when companies buy back their own stock, removing it from the marketplace. Stock buybacks increase the value of the remaining shares because there is now less common stock outstanding and company earnings are split among fewer shares.
Buybacks are sometimes an indication that a company perceives their stock to be undervalued, but it is up to the investor to determine if the company is correct. Companies that are favorable to shareholders may often issue dividends and perform stock buybacks. For an example of a company that has performed a lot of stock buybacks, see Washington Post (WPO)
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NURO Stock Buybacks Rankings
| Overall |
80th percentile 1525 of 8005 |
| Sector |
79th percentile 140 of 686 in Healthcare |
| Industry |
67th percentile 24 of 74 in Medical Instruments & Supplies |
NURO Stock Buybacks Range, Past 5 Years
| Minimum | Go Pro | Sep 2008 |
| Maximum | Go Pro | Jun 2012 |
| Average | Go Pro |