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

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.

Saratoga Investment reports fiscal results

The company also further exercised its share repurchase plan during this quarter.

Saratoga Investment increases quarterly dividend

Under the existing share repurchase plan, Goldman, Sachs & Co (GS&Co) will repurchase USD5bn of Pfizer's common stock.

Pfizer begins USD5bn accelerated share repurchase programme

At the end of February, the company got sanction for a $55 million share repurchase plan.

United States : $100 million financing secured by GenCorp

NYSE: TAOM) said that its board of directors approved a share repurchase plan on March 28, 2014, effective upon the approval.

Taomee approves share buyback program

Wal-Mart Stores said the new share repurchase plan replaces a previous $15 billion share repurchase plan announced in 2011.

Walmart unveils $15 billion share buyback program

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.

-Hanfeng Evergreen Inc. signs automatic share repurchase plan

Kodak had been spending about $1 million a day to buy back stock as part of the share repurchase plan approved April 16, 1999.

BUSINESS NOTES BURBANK'S B3 GETS $15 MILLION BOOST

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.

Trio Merger Corp. Terminates 10b5-1 Share Repurchase Plan

This share repurchase plan covers existing option plans and stock dividends, according to the company.

DSM announces repurchase of shares at average price of EUR64.01

BANKING AND CREDIT NEWS-December 16, 2015-John Hancock Investors Trust adopts share repurchase plan