repurchase
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
They will also select stocks of companies that are repurchasing their shares at attractive prices, based on Tweedy, Browne’s valuation analysis.
From MarketWatch
The Belgian Budweiser brewer said Tuesday that it exercised the right to repurchase its 49.9% stake in the plants, which were held by a group of institutional investors led by Apollo Global Management.
The company, which has historically done big share buybacks, also refrained from repurchasing its own shares for five consecutive quarters.
By repurchasing their own stock, companies reduce the number of publicly available shares, driving up the earnings per share as a way to increase their stock price and return money to shareholders.
The company said it was increasing its share repurchase authorization to $150 million following the sale of its major real estate assets, including its New York City headquarters.
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.
