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

The company has also reaffirmed its intention to repurchase shares worth at least $14 billion by 2025, potentially yielding further benefits for shareholders. —Trefis Team, Forbes, 31 Dec. 2024

As a final repair, Jaguar will repurchase the vehicles under recall number 24V-633. —Mike Snider, USA TODAY, 30 Dec. 2024

His other son, Patrick Dolan, played a significant role in repurchasing Newsday, which became part of the Cablevision portfolio in 2008. —Natalie Venegas, Newsweek, 29 Dec. 2024

Paychex maintains a program to repurchase up to $400.0 million of its common stock, with $296.0 million remaining available for repurchases. —Quartz Bot, Quartz, 19 Dec. 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)