Definition of “buyback” - English Dictionary

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“buyback” in Business English

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buybacknoun [ C or U ]

/ˈbaɪbæk/ uk us

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.
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(Definition of “buyback” from the Cambridge Business English Dictionary © Cambridge University Press)