repurchase

verb

re·​pur·​chase (ˌ)rē-ˈpər-chəs 

repurchased; repurchasing

transitive verb

: 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

Examples of repurchase in a Sentence

Recent Examples on the Web

Additionally, the company initiated a $3 billion repurchase program in November 2023 and has been an active purchaser of late having repurchased 6 million shares during the three months ending June 30, 2024. —Gurufocus, Forbes, 23 Oct. 2024

During the third quarter, management repurchased about 2.6 million shares. —Zev Fima, CNBC, 22 Oct. 2024

Frasers quickly repurchased the IP, while administrators sold off millions of pounds of fashion stock, leaving many of Matches’ designers and brands trying to recoup their losses. —Samantha Conti, WWD, 22 Oct. 2024

Morgan Stanley repurchased $750 million worth of shares in the third quarter — 8 million shares total — at an average purchase price of $99.94 each, which in light of Wednesday stock price looks like a pretty good move for shareholders. —Zev Fima, CNBC, 16 Oct. 2024

Word History

First Known Use

1533, in the meaning defined above

Phrases Containing repurchase

• repurchase agreement

Legal Definition

repurchase

1 of 2 transitive verb

re·​pur·​chase

ˌrē-ˈpər-chəs

repurchased; repurchasing

: to buy back

repurchase shares of stock

repurchase

2 of 2 noun

: 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)