Buyback form of countertrade is her company pursuing.
What is Buyback?
- The act of a corporation purchasing its own outstanding shares, commonly referred to as a "buyback" or "share repurchase," is done to lessen the number of shares that are traded publicly.
- Companies repurchase shares for a variety of purposes, including to boost the value of the remaining shares by lowering the supply or to stop other shareholders from acquiring a majority ownership.
- Repurchases lower the outstanding share count, increasing (positive) earnings per share and frequently stock value.
- A share repurchase can show investors that a company has enough cash on hand to cover unexpected expenses and a low likelihood of financial difficulties.
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