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What is a share buyback?

What is a share buyback?

Friday, September 1, 2017, 11:01 AM

A share buyback is a program by which a company buys back its own shares from the marketplace, usually because management thinks the shares are undervalued, reducing the number of outstanding shares. The company buys shares directly from the market or offers its shareholders the option of tendering their shares directly to the company at a fixed price.
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