stock repurchase plan

stock-repurchase plan. A program by which a corporation buys back its own shares in the open market, usu. when the corporation believes the shares are undervalued. [Cases: Corporations 376. C.J.S. Corporations §§ 561–563.]

---

词条贡献者

译员Terris，毕业于国内一流的高级翻译学院，擅长翻译有关文旅和酒店领域的法律文件。