Definition of "buyback" []

• An act of buying something that one previously sold or owned. (noun)
• The repurchase of stock by the company that issued it, as to reduce holdings of a single investor or increase the value of shares by reducing their number. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "A share buyback is a quick way to make a stock more attractive to Wall Street."
• "The firm believes the share buyback is already priced into the stock and shares are once again fairly valued."
• "The idea of a gun buyback is to reduce the supply of guns in Oakland."