A share repurchase (or stock buyback) happens when a company uses some of its cash to buy shares of its own stock on the open market over a period of time. Source: Getty Images Below ...
Open market ... repurchase agreements, the Fed sets the interest rate on the transaction of those securities, and the rate on a repurchase agreement is typically at the high end of the target ...
On March 12, 2024, the Company’s board of directors approved a share repurchase plan, whereby the Company is authorized to ...