share repurchase plan

Stock Repurchase Plan

1. See: Buyback.

2. See: Self-tender offer.

share repurchase plan

A corporation's plan for buying back a predetermined number of its own shares in the open market. Institution of a share repurchase plan derives from management's view that the company has limited outside investment opportunities and that its shares are undervalued. Repurchase of the shares will decrease the amount of outstanding capital stock, increase earnings per share, and, it is hoped, result in an increase in the price of the stock.
References in periodicals archive ?
M2 EQUITYBITES-November 30, 2017-Neenah reports higher dividend & share repurchase plan
In fiscal year 2015, the company announced the approval of an open market share repurchase plan to repurchase up to 200,000 shares of its common stock.
The company also further exercised its share repurchase plan during this quarter.
Under the existing share repurchase plan, Goldman, Sachs & Co (GS&Co) will repurchase USD5bn of Pfizer's common stock.
At the end of February, the company got sanction for a $55 million share repurchase plan.
NYSE: TAOM) said that its board of directors approved a share repurchase plan on March 28, 2014, effective upon the approval.
Wal-Mart Stores said the new share repurchase plan replaces a previous $15 billion share repurchase plan announced in 2011.
TSX:HF), a producer and supplier of value-added fertilizer solutions in emerging markets, has signed an automatic share repurchase plan with its designated broker.
Kodak had been spending about $1 million a day to buy back stock as part of the share repurchase plan approved April 16, 1999.
OTCBB: TMRG) (the "Company") announced today that its board has unanimously voted to terminate the Company's existing 10b5-1 share repurchase plan (the "Share Repurchase Plan") in order to pursue a listing on a national securities exchange.
This share repurchase plan covers existing option plans and stock dividends, according to the company.
BANKING AND CREDIT NEWS-December 16, 2015-John Hancock Investors Trust adopts share repurchase plan