Meaning of buyback | Babel Free

Definitions

1. The repurchase of something previously sold, especially of stock by the company that issued it.
   countable, uncountable
2. A government purchase scheme intended to achieve a specific goal such as habitat protection or a reduction in firearm numbers.
   countable, uncountable
3. A free drink given to a patron by a bartender.
   countable

Equivalents

Examples

“Infosys Ltd., Bengaluru-based tech services and digital transformation firm, has announced its biggest-ever share buyback of ₹18,000 crore at a 19% premium, as per a regulatory filing it made in the late evening on Thursday. […] This is Infosys' 5th buyback. Earlier, it had announced buybacks worth ₹13,000 crore in 2017, ₹ 8,260 crore in 2019, ₹9,200 crore in 2021 and ₹9,300 crore in 2023.”

CEFR level