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English definition of “buyback”

buyback

noun [C or U]     /ˈbaɪbæk/
FINANCE, STOCK MARKET the act of buying something from the same person you sold it to, especially an offer by a company to buy shares of its own stock from shareholders: The company announced a 6 million share buyback in August. → See also buy-in
(Definition of buyback noun from the Cambridge Business English Dictionary © Cambridge University Press)
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