BNET Business Dictionary
Business Definition for: Buyback
- an arrangement whereby a company buys its own stock on the stock market.
- the repurchase of bonds or stock, as agreed by contract
- Also known as Stock Buyback
Wiktionary Definition for: Buyback
- The repurchase of something previously sold, especially of stock by the company that issued it.
Additional Resources
- Deutsche Bank Plans Buyback.
- Deutsche Bank said Thursday that it plans to launch a buyback program for 58 million shares, about 10% of its share capital. The buyback, valued at about [euro]3.4bn ($3.72bn) at current prices, is to be completed by September 2004.The buyback had al Deutsche Bank said Thursday...
- Research articles 2003-09-05
- Rackable Systems Suspends Buyback, Agrees to Acquire Silicon Graphics
- Greenbackd submits: Rackable Systems Inc RACK has announced that it is suspending its buyback and acquiring substantially all the assets of Silicon Graphics Inc SGIC for “approximately $25 million in cash, subject to adjustment in certain circumstances, plus the assumption of certain liabilities associated with the acquired assets.” Without...
- External links 2009-04-01
- Logitech to Begin New Share Buyback Program; Company Announces Completion of CHF 250 Million Buyback, Beginning of CHF 300 Million Buyback
- FREMONT, Calif. & ROMANEL-SUR-MORGES, Switzerland -- Logitech International (SWX:LOGN) (Nasdaq:LOGI) today announced that it plans to begin its new 300 million Swiss franc (approximately $227 million) share buyback program in late November 2005. The company also announced that it has completed its earlier share buyback program of 250 million Swiss...
- Research articles 2005-11-17
- Buyback pushes News higher but impasse continues.
- Jun 14, 2005 (The Australian - ABIX via COMTEX) The announcement of a share buyback lifted the share price of global media company, News Corporation, on 14 June 2005. The company will undertaken a $US3 billion ($A3.9 billion) buyback. Analysts regard the buyback as...
- Research articles 2005-06-14
- Brokers divided on IAG buyback option.
- May 30, 2002 The Australian Financial Review ABIX via COMTEX -- The share buyback of Insurance Australia Group IAG was launched on 27 May 2002. The insurer is offering $A3.18 for each share, although the offer price is subject to changes in the S&P/ASX...
- Research articles 2002-05-30
- Why are Stock Buyback Announcements Good News?
- The positive stock price reaction to stock buyback announcements reported in many studies is commonly interpreted as a signal that the firm's future profitability will rise, or that the firm is increasing its leverage toward a more optimal capital structure. This paper examines a sample of 7,079 buybacks that were...
- White papers 2004-11-01
- Cytec Industries Inc. (Financial in Brief).(approves new $100 million share buyback program)(Brief Article)
- CYTEC Industries Inc. has approved a new $100 million share buyback program, representing around 9 percent of ... CYTEC Industries Inc. has approved a new $100 million share buyback program, representing around 9 percent of its total market capitalization. The company recently completed its...
- Research articles 2003-03-10
- Expect Microsoft to Accelerate Its Buyback Plan
- FP Trading Desk submits: Considering the pace of its previous buyback plans, Microsoft Corp.’s MSFT new $40 billion share repurchase plan could be accelerated. The technology giant completed the previous buyback plan that authorized $40 billion over five years in just three. The plan before that was complete in...
- External links 2008-09-23
- Buyback lift for News.
- Jun 14, 2005 (The Mercury - ABIX via COMTEX) US-based global media group News Corporation News Corp has announced a $US3bn, two-year share buyback. Shares in the company increased $A0.19 to $A22.68 on the Australian sharemarket on 14 June 2005, while its non- preferred...
- Research articles 2005-06-14
- Weighing up the benefits of buybacks.(share buyback schemes)(Brief Article)
- May 03, 2005 (The Australian - ABIX via COMTEX) There are benefits and disadvantages associated with share buyback schemes. Australian investors often complain that share buybacks only benefit low-income shareholders. Stock repurchasing schemes have been the subject of intense scrutiny by the Australian Government,...
- Research articles 2005-05-03
- Buyback for Seven but Stokes opts out.
- Oct 26, 2003 (The Age - ABIX via COMTEX) Australia's Seven Network has proposed a $A275m share buyback involving 50 million shares. A spokesman for the company says the goal is to increase earnings per share. The buyback will require shareholder approval at the...
- Research articles 2003-10-29
- Critical Path announces significant progress on financial restructuring plan with debt buyback; Company's debt buyback leads to net gain of more than $90 million.
- M2 PRESSWIRE-23 August 2001-CRITICAL PATH: Critical Path announces significant progress on financial restructuring plan with debt buyback; Company's debt buyback leads to net gain of more than $90 million C1994-2001 M2 COMMUNICATIONS LTD RDATE:22082001 London -- Critical Path, Inc. (Nasdaq: CPTH),...
- Research articles 2001-08-23
- Air Canada Boosts Share Buyback in Fight to Stave Off Takeover Bid.
- Knight Ridder/Tribune Business News Nov. 3 -- FORT WORTH, Texas -- With time running out in its battle against Onex Corp. and AMR Corp. to remain independent, Air Canada boosted the value of its share buyback yesterday to about $749 million to Air Canada...
- Research articles 1999-11-02
- PCTEL to Buyback Authorized Shares Under the SEC's Emergency Order
- Company Reiterates Previous Guidance Range For Third Quarter Revenue and Gross Margin BLOOMINGDALE, Ill. -- PCTEL, Inc. (NASDAQ:PCTI), a leader in propagation and optimization solutions for the wireless industry, announced today that it intends to buyback the remaining shares under the Board of Director's previously authorized buyback of 1...
- Research articles 2008-09-22
- Track Data Corporation Completes Stock Buyback; Authorizes New Buyback of 2.5 Million Shares
- Business Editors NEW YORK--BUSINESS WIRE--March 20, 2001 Track Data Corporation (Nasdaq NMS: TRAC) made two announcements today regarding stock buyback plans. First, the Company announced that it recently completed the repurchase of 2,000,000 of its shares in the open market, pursuant to its previously announced buyback plan. Second,...
- Research articles 2001-03-20
- Track Data Corporation Completes Stock Buyback; Authorizes New Buyback of 3 Million Shares
- Business Editors NEW YORK--BUSINESS WIRE--May 4, 2001 Track Data Corporation (Nasdaq NMS: TRAC) made two announcements today regarding stock buyback plans. First, the Company announced that it recently completed its previously announced buyback plan. Second, the Company announced that its Board of Directors has authorized the purchase of...
- Research articles 2001-05-04
- Track Data Corporation Completes 2 Million Share Stock Buyback; Authorizes New Buyback of 1 Million Shares
- Business Editors NEW YORK--BUSINESS WIRE--Nov. 15, 2001 Track Data Corporation (Nasdaq NMS: TRAC) made two announcements today regarding stock buyback plans. First, the Company announced that it recently completed its previously announced buyback plan for 2,000,000 shares. Second, the Company announced that its Board of Directors has...
- Research articles 2001-11-15
- Pan Pacific Retail Properties Announces Buyback of Non-Managing Member Units
- SAN DIEGO -- Pan Pacific Retail Properties, Inc. (NYSE:PNP) today announced the buyback of 314,587 outstanding non-managing member limited liability company LLC units pursuant to an existing buyback right. The Company bought back the LLC units at a price of $66.61 per LLC unit. The LLC units were originally issued...
- Research articles 2006-05-15
- Futuris to gain $130 million from Incitec buyback.
- Jan 27, 2003 (The Age - ABIX via COMTEX) Australian fertiliser group, Incitec, has guaranteed Futuris Corporation's $A130m profit on its Incitec stake. On 27 January 2003, Incitec agreed to buy back Futuris' 20.8 stake, even if the proposed takeover of the company by...
- Research articles 2003-01-28
- IAG says buyback response "steady".
- Jun 13, 2002 The Age ABIX via COMTEX -- On 13 June 2002, Insurance Australia Group said its $A300m share buyback has drawn a "steady response". The offer closes on 20 June. Chief financial officer, George Venardos, said shareholders should seek professional advice about...
- Research articles 2002-06-13
