Repurchase of stock

Repurchase of stock

Technique to pay cash to firm's shareholders that provides more preferential 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.

Stock Repurchase Plan

1. See: Buyback.

2. See: Self-tender offer.
References in periodicals archive ?
Bank of America Corp (NYSE:BAC) has announced a plan to suspend the repurchase of stock after it found that it has miscalculated its capital levels.
Global Banking News-February 3, 2011--Fifth Third completes repurchase of stock offered under TARP(C)2011 ENPublishing - http://www.
1091 wash-sales rules do not apply to the sale and repurchase of stock or securities if the position is sold at a gain.
Ivo Tjan, chairman and CEO, said, 'The repurchase of stock supports the confidence that management has in our company today and in the future.
The list includes amounts paid to repurchase stock, premiums paid for stock, legal, accounting, brokerage, transfer agent, appraisal and similar fees incurred in connection with the repurchase of stock, and any other amount necessary or incident to the stock repurchase.