REPURCHASE OF STOCK


Meaning of REPURCHASE OF STOCK in English

Device to pay cash to firm's shareholders that provides more preferable tax treatment for shareholders than dividends . Treasury stock is the name given to previously issued stock that has been repurchased by the firm. A repurchase is achieved through either a dutch auction , open market, purchase , or tender offer .

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.