Buy Back

This video explains how L-3 is buying back shares.

This video explains how Microsoft plans to buy back $40 billion dollars in stock.

Definition of Buy back

Buy back is the process of a company repurchasing its issued shares.  This can come in the form of repurchasing stocks and bonds.  This buy back effort reduces the number of outstanding shares and gives the remaining shareholders a larger stake of ownership in the company.

Why Do Buy backs Occur?