Business / Finance / Share Repurchase: Program by which a corporation buys back its own shares in the open market. It is usually done when shares are undervalued. Since repurchase reduces the number of shares outstanding and thus increases earnings per share, it tends to elevate the market value of the remaining shares held by stockholders.
Share Adjective Synonyms: portion, allotment, division, apportionment, allocation, ration, appropriation, dispensation, allowance, part, due, percentage, interest, dividend, quota, portion, helping, serving, cut
Business / Taxes / Share Class: Some stocks and certain mutual funds subdivide their shares into classes or groups to designate their special characteristics. For example, the differences between Class A shares and Class B shares of MORE
Business / Finance / Share Broker: A discount broker who charges per share traded, and reduces the per unit charge as the number of shares traded increases, as opposed to a dealer who charges a percentage of the dollar amount of the tr MORE