buyback
noun
No English definition recorded for this entry.
L317572 on Wikidata ↗Wiktionary
Pronunciation: /ˈbaɪˌbæk/
noun
Etymology: Etymology tree English buy backdeverb. English buyback Deverbal from buy back.
- The repurchase of something previously sold, especially of stock by the company that issued it.
“Infosys Ltd., Bengaluru-based tech services and digital transformation firm, has announced its biggest-ever share buyback of ₹18,000 crore at a 19% premium, as per a regulatory filing it made in the late evening on Thursday. […] This is Infosys' 5th buyback. Earlier, it had announced buybacks worth ₹13,000 crore in 2017, ₹ 8,260 crore in 2019, ₹9,200 crore in 2021 and ₹9,300 crore in 2023.”
- A government purchase scheme intended to achieve a specific goal such as habitat protection or a reduction in firearm numbers.
- A free drink given to a patron by a bartender.