|
Share buyback (See Chapters 38 and 41 of the Vernimmen)
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.
|
|
|
|
You get more than just a glossary
on www.vernimmen.com:
- A monthly newsletter with over 26,000
subscribers
- 610,000 financial data for over 16,000
groups
- A 279-question quiz with answers
- A text book that has
sold 70,000 copies
- And all the rest |