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the repurchase
noun
The act of repurchasing.
synonyms
Exact(54)
The repurchase is currently valued at $7.25 million.
The repurchase comes on top of its current plan.
The repurchase is currently worth about $96.25 million.
The repurchase values Datek at about $1.1 billion.
AOL's board also authorized the repurchase of $100 million in stock.
It approved the repurchase of $1 billion during the first quarter.
The company also said it had approved the repurchase of another $1 billion in company stock.
The repurchase plan follows an announcement in March that the company would repurchase five million shares.
In approving the repurchase, R.I.M.'s board appears to be taking issue with the pessimists.
The repurchase would represent about 6.5percentt of Merck's $153 billion market capitalization.
Company directors have set no ceiling price or time limit for the repurchase offer.
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