buyback
n. countablen. a situation where a company uses its own money to buy back its own shares from the public. This usually happens when the company thinks its stock is cheap and wants to increase its value.
n. the repurchase of a company's own shares from the open market, typically to increase the value of remaining shares or to prevent a hostile takeover. Often used in financial contexts to describe corporate restructuring.
The company announced a large buyback to reward its shareholders.
After the stock price dropped significantly, the board approved a massive buyback to stabilize investor confidence.
While the buyback temporarily inflated the company's earnings per share, critics argued that the capital would have been better spent on long-term research and development projects.