Odd-Lot Buy Back

Odd-Lot Buy Back

An offer made by the corporation or its agent to purchase shares from odd-lot shareholders.

Odd-Lot Buy Back

An offer by a publicly-traded company to buy shares in itself from odd-lotters, or those who buy and sell in portions of less than 100 shares.
References in periodicals archive ?
NYSE Amex:CTO) today announced that its Board of Directors has approved a voluntary Odd-Lot Buy Back ("Program").
The Company intends to mail the Odd-Lot Buy Back Program materials to eligible shareholders on or about May 1, 2012.
This amount includes shares purchased under the company's existing odd-lot buy back program, which expires on December 1, 1995.