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: the act or an instance of buying something back
especially : the repurchase by a corporation of shares of its own common stock usually on the open market
Example Sentences
Recent Examples on the Web So, what’s a stock buyback, and why do companies undertake them? 
The Editors, National Review, 11 Aug. 2022 Twitter also announced a $4 billion stock buyback, its first since the company announced a $2 billion program in March 2020. Salvador Rodriguez, WSJ, 10 Feb. 2022 Jack in the Box, which hasn’t bought back stock since the quarter ended October 2021, has $200 million remaining under a buyback program that is set to expire in November 2023. Mark Maurer, WSJ, 19 Aug. 2022 That’s on top of an $8.3 billion buyback program announced in the first quarter. Mariana Durao, Bloomberg.com, 28 July 2022 Indeed, management has been a net buyer of shares over the past year (purchasing 9 million shares for $1.3 billion in the second quarter) while the board recently approved an additional buyback program worth another $3 billion. John Buckingham, Forbes, 12 Aug. 2022 For the first time in two decades, the Kane County Sheriff’s Office will host a gun buyback program, offering people a chance to turn in their guns in exchange for a $100 gift card. Megan Jones, Chicago Tribune, 11 Aug. 2022 That, as well as expectations that the company may launch another buyback program later this year, have helped its shares gain about 5% this year. Takahiko Hyuga, Fortune, 8 Aug. 2022 JPMorgan halted its buyback program in July, signaling a more cautious outlook as the economy flirts with recession. Nicole Goodkind, CNN, 3 Aug. 2022 See More
The Editors, National Review, 11 Aug. 2022 Twitter also announced a $4 billion stock buyback, its first since the company announced a $2 billion program in March 2020. Salvador Rodriguez, WSJ, 10 Feb. 2022 Jack in the Box, which hasn’t bought back stock since the quarter ended October 2021, has $200 million remaining under a buyback program that is set to expire in November 2023. Mark Maurer, WSJ, 19 Aug. 2022 That’s on top of an $8.3 billion buyback program announced in the first quarter. Mariana Durao, Bloomberg.com, 28 July 2022 Indeed, management has been a net buyer of shares over the past year (purchasing 9 million shares for $1.3 billion in the second quarter) while the board recently approved an additional buyback program worth another $3 billion. John Buckingham, Forbes, 12 Aug. 2022 For the first time in two decades, the Kane County Sheriff’s Office will host a gun buyback program, offering people a chance to turn in their guns in exchange for a $100 gift card. Megan Jones, Chicago Tribune, 11 Aug. 2022 That, as well as expectations that the company may launch another buyback program later this year, have helped its shares gain about 5% this year. Takahiko Hyuga, Fortune, 8 Aug. 2022 JPMorgan halted its buyback program in July, signaling a more cautious outlook as the economy flirts with recession. Nicole Goodkind, CNN, 3 Aug. 2022 See More Word History
First Known Use
1954, in the meaning defined above
Time Traveler
The first known use of buyback was in 1954 👨🏻🏫 Mr. Ng 韋氏詞典 📚 – mw.mister5️⃣.net
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