Treasury Stock

(redirected from buyback)
Also found in: Dictionary, Thesaurus, Financial, Wikipedia.
Related to buyback: stock buyback

Treasury Stock

Corporate stock that is issued, completely paid for, and reacquired by the corporation at a later point in time.

Treasury stock or shares may be purchased by the corporation, or reacquired through donation, Forfeiture, or some other method. It is then regarded as the Personal Property of the corporation and part of its assets. The corporation can sell the stock for cash or credit, for par value or market value, or upon any terms that it could be sold by a stockholder. Shares that the corporation has not issued in spite of its authority to do so are ordinarily not regarded as treasury shares but are merely unissued shares.

treasury stock

n. stock of a private corporation which was issued and then bought back by the corporation or otherwise reacquired by the corporation. Treasury stock held by a corporation earns dividends for the corporation but the corporation may not cast votes in decision-making the way a regular shareholder would be entitled. (See: stock, share)

References in periodicals archive ?
For the right company, a well executed share buyback will benefit shareholders and could lead to a re-rating of the company's market pricing.
Of the 62 buyback programmes announced, 40 have already exhausted their permitted time for buying back their own company shares.
Actual buybacks by companies totaled more than 3,000, up sharply from about 1,900 last year, the Financial and Economic Research Center of Nomura Securities Co.
Part of the recent growth in buyback activity can be traced to changes in taxation.
A buyback provision involving family members has a high standard to meet to qualify as a business purpose agreement rather than a testamentary disposition.
2 billion yen, in the most valuable buyback ever by a Japanese company.
Completed plans were the focus since many firms announce buyback programs but actually repurchase very little stock; thus, completing a repurchase signals the level of commitment that the underlying firm has to the repurchase program.
Police departments and public housing authorities participating in BuyBack America will use funds from HUD's crime-fighting Drug Elimination Grant Program to buy back guns.
AOL and Time Warner executives say purchase accounting will enable the new company, AOL Time Warner, to dispose of unproductive assets and conduct stock buybacks.
But the catch with many buyback programs is that they are announced but not implemented right away, making it difficult for mom-and-pop investors to cash in.
During the few months it would take to do a buyback, stock prime swings could make some shareholders happier than others.
5 million Turkish lira of January 12, 2011 bonds under its buyback program covering September-December 2010 period.