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English definition of “buyback”

buyback

noun [C or U]     /ˈbaɪ.bæk/
an arrangement in which a business or person sells something, especially shares in companies, and then buys them again according to a fixed agreement: His company have just announced a $1 billion stock buyback.Financial investments and the stock market
(Definition of buyback noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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