repurchase

verb re·pur·chase \ (ˌ)rē-ˈpər-chəs \
|Updated on: 12 Jun 2018

Definition of repurchase

repurchased; repurchasing
: to buy (something) back or again
  • … some enterprises moving workloads to the cloud won't have to repurchase software they already own.
  • —Kurt Marko
especially, of a corporation : to purchase back (shares of one's own common stock) on the open market
  • The company last winter repaid $405 million of debt, repurchased $202 million in common stock and predicted that sales will rise between 3 and 5 percent this year.
  • —Jeremiah McWilliams

repurchase

noun, plural repurchases
    • … pointed to the trend of share repurchases, or stock buybacks, emerging among major companies … . As they buy back millions, if not billions, of their shares, their supply of stock grows tighter … and their shareholders usually benefit.
    • —Elizabeth Gurdus

First Known Use of repurchase

1533

in the meaning defined above

See Words from the same year
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Law Dictionary

1

repurchase

transitive verb re·pur·chase \ ˌrē-ˈpər-chəs \

legal Definition of repurchase

repurchased; repurchasing
: to buy back
  • repurchase shares of stock

2

repurchase

noun

legal Definition of repurchase

: the act or an instance of purchasing something again or back; specifically : a corporation's buying back of some of its stock at market price (as to increase the amount of Treasury stock or as a preliminary step to going private)

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