buybacks

简明释义

英[ˈbaɪbæks]美[ˈbaɪˌbæks]

n. 再购买；（尤指股票的）回购（buyback 的复数）

英英释义

单词用法

同义词

反义词

例句

1.Ameriprise's dividend yield is only slightly higher than the S&P 500 average, but its tradition of stock buybacks is also helping to grow its earnings per share.

Ameriprise的股息率只比标普500指数均值略微高出一点点，但这家公司的股票回购传统也有助于提高其每股收益率。

2.Can I use derivatives in structuring acquisitions and share buybacks?

我可以在结构收购和股票回购的衍生工具？

3.Although the finer details of the IPC are yet to be finalised, it is expected that the contract will be an improvement on the existing buybacks, presenting a new opportunity to the IOC's.

尽管IPC的细节尚未敲定，预计合同将是对现有回购合同的改善，这给国际石油公司提供了一个新的机会。

4.And if they want to spend it on compensation or stock buybacks or dividends, let them pay the long-term capital gains rate.

如果他们将钱花在补偿、股票回购或分红上面，则可以要求他们支付长期资本收益税金。

5.If, for some reason, they should fail to put their cash mountains to work, investors will demand the cash back through dividends and share buybacks.

如果，出于某种原因，企业无法利用现金，投资者将通过分红或股票回购来换回现金。

6.Although the rules expressly prohibited using the funds for dividend payments or stock buybacks, subsequent analysis has shown participants sent most of it to shareholders anyway.

尽管财政部明确规定企业不得将这笔资金用于支付红利或股票回购，不过后来的分析还是表明，企业将这笔资金中的大部分付给了股东。

7.The company announced a series of stock buybacks to boost shareholder value.

公司宣布了一系列股票回购以提升股东价值。

8.Investors are optimistic about the buybacks as it indicates strong cash flow.

投资者对这些回购持乐观态度，因为这表明现金流强劲。

9.Many firms resort to buybacks when they believe their stock is undervalued.

许多公司在认为其股票被低估时选择进行回购。

10.The recent buybacks have led to an increase in the stock price.

最近的回购导致股价上涨。

11.Analysts suggest that buybacks can be a good use of excess cash.

分析师建议，回购可能是过剩现金的良好用途。

作文

In the world of finance, the term buybacks refers to a company's repurchase of its own shares from the marketplace. This practice can have various implications for both the company and its shareholders. When a company decides to engage in buybacks, it is often viewed as a sign of confidence in its own financial health. By reducing the number of outstanding shares, the company can increase earnings per share (EPS), which may lead to a higher stock price. This is particularly attractive for investors who are looking for value in their investments. One of the main reasons companies opt for buybacks is to utilize excess cash that is not needed for immediate operational expenses or growth opportunities. Instead of distributing this cash as dividends, companies might choose to reinvest in themselves by purchasing their own shares. This strategy can be beneficial during times of economic uncertainty, as it allows the company to maintain control over its capital while potentially enhancing shareholder value. However, buybacks are not without controversy. Critics argue that companies should prioritize investing in innovation, employee wages, or other long-term strategies rather than focusing on short-term stock price boosts. Furthermore, if a company engages in excessive buybacks, it may indicate that management is more concerned with manipulating stock prices than with fostering sustainable growth. This can lead to a lack of investment in research and development, ultimately harming the company's future prospects. Another important aspect of buybacks is how they can impact shareholder perception. When a company announces a buyback program, it can signal to investors that the management believes the stock is undervalued. This can create a positive feedback loop where the anticipation of increased demand for shares drives up the stock price even before the buyback occurs. Additionally, buybacks can serve as a way to return capital to shareholders in a more tax-efficient manner compared to dividends, as capital gains taxes may be lower than income taxes on dividends. Despite these advantages, companies must approach buybacks with caution. Timing is crucial; if a company buys back shares when its stock price is high, it may not provide the desired return on investment. Moreover, relying too heavily on buybacks can lead to a cycle where companies neglect other important areas of investment. It is essential for management to strike a balance between returning capital to shareholders through buybacks and ensuring that the company continues to invest in its long-term growth. In conclusion, buybacks can be a powerful tool for companies looking to enhance shareholder value and signal financial strength. However, they must be used judiciously and in conjunction with other growth strategies. As investors, understanding the implications of buybacks can help us make more informed decisions about our investments and hold companies accountable for their financial practices. Ultimately, the effectiveness of buybacks lies in the broader context of a company's overall strategy and commitment to sustainable growth.

在金融世界中，术语回购指的是公司从市场上回购自己的股票。这种做法对公司和其股东都有各种影响。当一家公司决定进行回购时，通常被视为其对自身财务健康的信心的标志。通过减少流通股的数量，公司可以提高每股收益（EPS），这可能导致股价上涨。这对寻求投资价值的投资者来说尤其有吸引力。 公司选择回购的主要原因之一是利用不需要用于立即运营支出或增长机会的多余现金。与其将这些现金分配为股息，公司可能选择通过购买自己的股票来重新投资于自己。这一策略在经济不确定时期尤为有利，因为它允许公司控制其资本，同时可能提升股东价值。 然而，回购并非没有争议。批评者认为，公司应优先投资于创新、员工工资或其他长期战略，而不是专注于短期股价提升。此外，如果一家公司过度进行回购，这可能表明管理层更关心操纵股价而不是促进可持续增长。这可能导致对研发投资的缺乏，最终损害公司的未来前景。 回购的另一个重要方面是它如何影响股东的看法。当公司宣布回购计划时，它可以向投资者发出管理层认为股票被低估的信号。这可以创造一个积极的反馈循环，预期股份需求增加推动股价在回购发生之前上涨。此外，回购可以作为一种比股息更具税收效率的方式向股东返还资本，因为资本利得税可能低于股息的所得税。 尽管有这些优势，公司必须谨慎对待回购。时机至关重要；如果一家公司在股价高时回购股票，可能无法提供预期的投资回报。此外，过于依赖回购可能导致公司忽视其他重要的投资领域。管理层必须在通过回购向股东返还资本与确保公司继续投资于长期增长之间取得平衡。 总之，回购可以成为公司提升股东价值和表明财务实力的强大工具。然而，必须谨慎使用，并与其他增长策略结合使用。作为投资者，理解回购的影响可以帮助我们对我们的投资做出更明智的决策，并让公司对其财务实践负责。最终，回购的有效性取决于公司整体战略和对可持续增长的承诺的更广泛背景。