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Direct Repurchase

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Direct Repurchase

A company's plan to buy back its own shares from the marketplace, thereby reducing the number of outstanding shares.

Notes:

Generally speaking, this is an indication that the company's management thinks the shares are undervalued.

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In accordance with the terms of the previously announced agreement with VE, PSC completed the direct repurchase of the remaining 1.

Philadelphia Suburban Corporation Completes 1.2 Million Share Common ... by Business Wire

The Pool's eligible investments include obligations of the United States government and its agencies and instrumentalities, fully collateralized direct repurchase agreements, commercial paper, certificates of deposit, and no-load money market funds.

S&P Assigns 'AAAf' Credit Rtg to TexasTERM, LGIP by Business Wire

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