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.]

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词条贡献者

法律翻译晓琳，国际知名商学院金融专业，专注翻译各类与金融服务与投资管理有关的法律文件。