buyback
/ˈbaɪˌbæk/
Word Rarity
Rare
Frequency: 2.72 in modern English
20
Scrabble Score
7
Letters
2
Syllables
6
Unique Chars
Meaning
noun
The repurchase of something previously sold, especially of stock by the company that issued it.
Countable; Uncountable
Example Sentences
- "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."