What you need to know about share buy backs
The definition of a share buy back is when the company repurchases their own shares in the open market. Once shares are sold back to the company, the total number of shares the company has on issue is reduced. This means that a larger portion of shares is held by the company compared to before the buy back. Companies do this as a way to return wealth to the shareholders. Reasons for companies participating in share buy backs Management might …