Buyback

Buyback is when a company buys its own shares on the open market, usually with the aim of increasing the company s share price or reducing the number of shares.

Buyback is the process of a company purchasing its own shares from the market. This transaction is usually done to increase the company s asset value, support the price of its shares, or provide more value to its shareholders. Companies often buy back their own shares, reducing the supply of shares and therefore increasing earnings per share. This transaction can also strengthen the company s credibility and financial health.

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