RECENT NEWS
'Govt ordered Telkomsel share buyback'
The Straits Times  May 20  Comment 
JAKARTA: Indonesia's largest telecommunications firm yesterday said its idea to buy back shares of cellphone provider Telkomsel from Singapore's SingTel was mooted by the Indonesian government.
Aetna board OKs additional $750 mln share buyback
MarketWatch  May 20  Comment 
Aetna Inc. said Friday its board authorized the additional buyback of $750 million in shares. The insurer already has about $315 million of authorization remaining on a previous buyback plan. Market Pulse Stories are Rapid-fire, short news...
RIM needs a software boost, not a share buyback
Penny Stock DD  May 20  Comment 
When the stock is cheap, and there’s cash on hand, a robust buyback of shares is the ticket to gains. That’s the conventional wisdom, and it could certainly fit Research In Motion Ltd., (RIM-T42.87-1.24-2.81%) as the company sits in the...
RIM needs a software boost, not a share buyback
The Globe and Mail  May 19  Comment 
With over $2-billion in the kitty, the Canadian tech icon would be better served by acquisitions to strengthen its consumer offerings
Lorillard hikes share buyback plan by $400 mln
MarketWatch  May 19  Comment 
Lorillard Inc. said Thursday its board raised the company's existing $1 billion buyback plan by $400 million. The $1.4-billion stock repurchase program will be funded from existing cash balances. The cigarette maker also declared a quarterly...
BlackRock (BLK) Announces $2.545B Common Buyback from BofA
StreetInsider.com  May 19  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/BlackRock+%28BLK%29+Announces+%242.545B+Common+Buyback+from+BofA/6521414.html for the full story.
Spartan Stores Increases Quarterly Dividend by 30% to $0.065; Authorizes up to $50M Share Repurchase Program
Benzinga  May 18  Comment 
Spartan Stores, Inc., (Nasdaq: SPTN) today announced that its Board of Directors has declared a 30 percent increase in the quarterly dividend rate, from $0.05 per share to $0.065 per share. The Board also authorized a five year share...
Sales to trigger Mirvac buyback
The Australian  May 18  Comment 
ANALYSTS estimate that Mirvac could spend up to $300 million buying back its securities once it sells two key projects in Sydney.
FXCM authorizes up to $30 mln share buyback
Reuters  May 17  Comment 
FXCM Inc on Tuesday authorized the repurchase of up to $30 million of its Class A shares or units of its subsidiary, just 5 months after the company's debut on the New York Stock...




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This article is part of WikiProject Definitions. Consider editing to improve it. View articles referencing this definition.
 

See also Capital Allocation.

A buyback, also known as a share repurchase, is when a company uses excess capital in the form of cash or debt to purchase its own shares on the public market, thereby reducing the number of shares outstanding. In doing so, the company's management signals to the marketplace that it believes its stock is under-priced and that a buyback is the best way to allocate the company's resources.

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