buyback

简明释义

英[ˈbaɪbæk]美[ˈbaɪˌbæk]

n. 回购，回买协议

英英释义

单词用法

同义词

反义词

例句

1.It helps that the firm has raised its dividend and announced a big share buyback.

这帮助公司提高了股息，并宣布进行大规模股份回购。

2.Danone said June 18 it would inform investors if it starts a share buyback and that the company could purchase as much as 500 million euros of stock.

达能公司在6月18日表示，如果开始进行股票回购将告知投资者，该公司可能会购买高达5亿欧元的股票。

3.But the company suspended a share buyback to conserve cash.

但是公司暂停回购股份以节省资金。

4.And it is keeping shareholders sweet with steadily rising dividends and a share-buyback programme.

目前他这样做就是为了通过稳健增加的股息和股票回购计划来保持股民的满意度。

5.Citicorp trustee Company, which ACTS as trustee for bonds issued by MEL, wrote in June that it regarded the buyback as illegal.

作为MEL发行债券的托管人，花旗银行信托公司六月份称他认为回购是非法的。

6.You can get 10-point inspections, 90-day buyback guarantees — even free head covers.

你还能获得十项检验，90天返销保证——甚至还免费赠送球杆头套。

7.In fact, Citicorp's buyback program isn't expected to continue after the merger with Travelers.

事实上，在花旗集团的股票回购计划预计不会继续在合并后，与旅客。

8.Comparison and analysis of the respective information both symmetric and asymmetric circumstances, whether the buyback contract makes supply chain coordination.

分别比较和分析了两种信息对称和不对称情况下，供应链回购契约是否使得供应链达到协调。

9.A stock repurchase (stock buyback) is when a firm repurchases its own stock, resulting in a reduction in the number of shares outstanding.

股票回购是指公司购买自己的股票，以使流通的股票数量减少。

10.The company's recent buyback 回购 program has boosted its stock price significantly.

该公司的最新回购计划显著提升了其股价。

11.Investors are excited about the buyback 回购 announcement, expecting higher dividends soon.

投资者对回购公告感到兴奋，预计很快会有更高的分红。

12.The buyback 回购 of shares is a sign that the company believes its stock is undervalued.

股票的回购是公司认为其股票被低估的标志。

13.Due to the successful buyback 回购, the earnings per share have increased.

由于成功的回购，每股收益增加了。

14.Many companies initiate a buyback 回购 when they have excess cash on hand.

许多公司在手头有多余现金时会启动回购。

作文

In the world of finance and business, the term buyback refers to a situation in which a company repurchases its own shares from the marketplace. This practice is often undertaken by companies for several reasons, and it can have significant implications for both the company and its shareholders. Understanding the concept of buyback is essential for anyone interested in investing or analyzing corporate strategies. One of the primary reasons a company might engage in a buyback is to enhance shareholder value. When a company buys back its own shares, it reduces the number of shares outstanding in the market. This can lead to an increase in earnings per share (EPS), as the company's profits are now distributed among fewer shares. Consequently, this often results in a higher stock price, benefiting existing shareholders. For instance, if a company has a profit of $1 million and 1 million shares outstanding, the EPS is $1. However, if the company conducts a buyback and reduces the shares to 800,000, the EPS rises to $1.25, making the stock more attractive to investors. Another reason companies might opt for a buyback is to signal confidence in their own financial health. When a company believes its stock is undervalued, it may choose to buy back shares as a way to demonstrate to the market that it has faith in its future prospects. This can also deter hostile takeovers, as a reduced number of shares available in the market makes it more difficult for an outside party to acquire a controlling interest in the company. Moreover, companies may use buybacks as a method of utilizing excess cash. If a company generates substantial cash flow but lacks immediate investment opportunities, it may find it more beneficial to return some of that capital to shareholders through a buyback. This is often viewed as a more favorable option than paying dividends, as it allows shareholders to potentially benefit from capital gains rather than immediate income tax implications associated with dividend payments. However, buybacks are not without their criticisms. Some analysts argue that companies should focus on investing in growth opportunities rather than repurchasing shares. They contend that funds used for buybacks could be better spent on research and development, expanding operations, or improving employee compensation. Additionally, there are concerns about the timing of buybacks; if a company repurchases shares when the stock price is high, it may not be the best use of capital and could ultimately hurt shareholders in the long run. In conclusion, the concept of buyback plays a crucial role in corporate finance and investment strategies. While it can enhance shareholder value and signal confidence in a company’s future, it is important for investors to critically assess the motivations behind such actions. A well-executed buyback can indicate a healthy company, but it is essential to consider the broader context of the company's financial decisions and market conditions. As always, informed decision-making is key to successful investing.

在金融和商业的世界中，术语回购指的是公司从市场上回购自己股票的情况。这种做法通常是由公司出于多种原因进行的，并且对公司及其股东都有重大影响。理解回购的概念对于任何有兴趣投资或分析企业战略的人来说都是至关重要的。 公司可能进行回购的主要原因之一是提升股东价值。当一家公司回购自己的股票时，它减少了市场上流通的股票数量。这可能导致每股收益（EPS）的增加，因为公司的利润现在分配给的股票更少。因此，这通常会导致股价上涨，使现有股东受益。例如，如果一家公司有100万美元的利润和100万股流通股，每股收益为1美元。然而，如果公司进行回购并将流通股减少到80万股，则每股收益上升到1.25美元，使得该股票对投资者更具吸引力。 公司选择进行回购的另一个原因是向市场传达对自身财务健康状况的信心。当一家公司认为其股票被低估时，它可能选择回购股票，以向市场展示其对未来前景的信心。这也可以阻止敌意收购，因为市场上可用的股票数量减少，使外部方更难获得公司的控股权。 此外，公司还可以将回购作为利用剩余现金的一种方法。如果一家公司产生了大量现金流，但缺乏立即投资的机会，它可能发现通过回购将部分资本返还给股东更有利。这通常被视为比支付股息更有利的选择，因为它允许股东潜在地从资本增值中受益，而不是与股息支付相关的即时所得税影响。 然而，回购并非没有批评意见。一些分析师认为，公司应该专注于投资增长机会，而不是回购股票。他们主张，用于回购的资金可以更好地用于研究和开发、扩大运营或改善员工薪酬。此外，还有人担心回购的时机；如果一家公司在股票价格高企时回购股份，这可能不是最佳的资本使用，最终可能会伤害股东的长期利益。 总之，回购的概念在企业金融和投资策略中发挥着至关重要的作用。虽然它可以提升股东价值并传达对公司未来的信心，但投资者在评估这些行动的动机时必须保持批判性。一次成功的回购可以表明公司健康，但考虑公司财务决策和市场条件的更广泛背景是至关重要的。像往常一样，知情决策是成功投资的关键。