Corporate repurchase

Definition: [crh] Active buying by a corporation of its own stock in the marketplace. Reasons for repurDefinition: chase include putting idle cash to use, raising EPS, creating support for a stock price, increasing internal control (shark repellant), or stock for ESOP or pension plans. Repurchase is subject to rules, sucDefinition: h as that buying must be on a zero minus or a minus tick, after the opening and before 3:30 p.m.

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