repurchaseverb [ T ]
uk/ˌriːˈpɜːtʃəs/usFINANCE, STOCK MARKETto buy back shares, bonds, etc. that you previously sold:
Our objective is to use surplus cash to repurchase shares.
repurchasenoun [ C or U ]
uk/ˌriːˈpɜːtʃəs/usalso informal repo FINANCE, STOCK MARKETthe buying back of shares, bonds, etc. that you previously sold:
The company's board authorized the repurchase of up to $3 billion of its common shares.
a securities/stock/share repurchase