buyback
/ˈbaɪˌbæk/
noun
- The act of a company purchasing its own shares of stock from the market.
- Stock buybacks often increase the value of remaining shares.
- The company announced a $1 billion buyback of its own shares.
- Investors were pleased with the buyback because it showed confidence in the business.
- A program in which a seller agrees to repurchase a product from the buyer, often after a certain period or under specific conditions.
- Many textbook stores have a buyback program at the end of the semester.
- The electronics company has a buyback policy for old devices when you upgrade.
- The car dealership offered a buyback guarantee if you're not satisfied within 30 days.
Synonyms