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Open-Market Purchase
(redirected from Open-Market Purchases)

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Open-Market Purchase
The act of buying a security at or close to the market price because of an order the buyer has placed for the security. The term especially refers to a situation where investors with inside information buy a security in accordance with the rules set forth by the SEC. See also: Open-market transaction.

open-market purchase
The buying of stocks and bonds in the securities markets. For example, in order to satisfy the sinking fund requirement of a bond indenture, the issuer may call securities from investors or make open-market purchases. Likewise, a firm wishing to reduce the number of its shares outstanding may make a tender offer to the firm's stockholders or purchase shares in the open market.


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Santander") has informed Sovereign that it has commenced making open-market purchases of Sovereign stock in reliance on SEC Rule 10b5-1, and that it will continue to make Rule 10b5-1 purchases from time to time.
Managers who can accurately predict changes in their firms' share prices, and who willingly rearrange their portfolios by making open-market purchases or sales of their firms' shares, can limit their firm-specific risk exposure.
HOUSTON -- The Board of Trustees for AIM Select Real Estate Income Fund (NYSE:RRE), AIM's closed-end real estate fund, announced today it has approved the ability to engage in open-market purchases of its common shares.
 
 
 
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