Stock repurchase
Stock repurchase is a phenomenon that occurs when a firm repurchases its own stock. These shares of stock are then referred to as treasury stock.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Stock repurchase. Occurs when a firm repurchases its own stock. These shares of stock are then referred to as treasury stock.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
