Definition for : Share buyback
A share buyback is the repurchase of the company's shares by itself on the open Market. If shares are then cancelled, then the share buyback amounts to Capital decrease. Share buybacks are also used to control the Shareholder structure by buying out "undesirable" Shareholders.
(See Chapters Chapter 38 Share issues and Chapter 40 Setting up a company or financing start-ups of the Vernimmen)
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