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In: Finance

A ______ is the purchasing by a firm of its outstanding shares in the open market.

A ______ is the purchasing by a firm of its outstanding shares in the open market.

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Expert Solution

Answer:- Stock Buy-back (or buy-back)

Explanation:- Stock buybacks refer to the repurchasing of shares of stock by the company that issued them. So, a stock buy-back  is the purchasing by a firm of its outstanding shares in the open market.

jeff jeffy answered 2 years ago
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