Stock buyback
When a company uses its cash to buy back its own shares, leaving fewer shares for everyone else.
Also called: buyback
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Related words
- Stock
- A small slice of ownership in a company. One unit is called a share.
- S&P 500
- A stock market index that tracks about 500 of the biggest U.S. companies. It's the most common way to measure how the market did.
- Dow Jones Industrial Average
- A stock market index that tracks 30 large U.S. companies.
- Nasdaq Composite
- A stock market index of the thousands of companies listed on the Nasdaq exchange. It leans heavily toward tech companies.
- Earnings per share
- A company's profit divided by its number of shares. Wall Street compares it with what analysts expected.
- Revenue
- All the money a company brings in from sales, before any costs are taken out.
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