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 ?
BANKING AND CREDIT NEWS-September 3, 2019-Home Bancorp board approves new share repurchase plan
M2 EQUITYBITES-September 3, 2019-Home Bancorp board approves new share repurchase plan
Global Banking News-September 3, 2019-Home Bancorp board approves new share repurchase plan
The board also approved a $150M increase in authorization for the company's existing share repurchase plan, for which the full purchase authority of up to $100M remains available.
authorized a share repurchase plan. The Company intends to accomplish the share repurchases through open market transactions, though the Company could accomplish repurchases through other means, such as privately negotiated transactions.
Under the existing share repurchase plan, Goldman, Sachs & Co (GS&Co) will repurchase USD5bn of Pfizer's common stock.
AMERISOURCEBERGEN SHARE REPURCHASE PLAN: AmerisourceBergen Corp.
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.
The share repurchase plan applies to common stock transactions occurring over the next two to three years, dependent on market conditions.