buy back
简明释义
返销
英英释义
To repurchase an asset or security that was previously sold. | 重新购买之前出售的资产或证券。 |
A corporate action in which a company buys back its own shares from the marketplace. | 公司通过从市场上回购自己的股份进行的企业行为。 |
例句
1.The company decided to buy back its shares to increase shareholder value.
公司决定回购其股票以增加股东价值。
2.Investors often view a buy back as a sign that the company is financially healthy.
投资者通常将回购视为公司财务健康的标志。
3.The CEO announced a plan to buy back $1 billion worth of company stock.
首席执行官宣布了一项计划,准备回购价值10亿美元的公司股票。
4.To boost confidence among shareholders, the board voted to buy back some of the outstanding shares.
为了增强股东的信心,董事会投票决定回购一些流通股。
5.After the market dropped, many investors wanted to buy back their stocks at a lower price.
市场下跌后,许多投资者想要以更低的价格回购他们的股票。
作文
In today's fast-paced business environment, companies often find themselves in situations where they need to reassess their strategies and make crucial decisions to maintain their competitive edge. One such strategy that has gained popularity is the practice of buy back, which refers to a company purchasing its own shares from the market. This approach can serve multiple purposes, including boosting shareholder value, improving financial ratios, and signaling confidence in the company's future prospects. Understanding the implications of a buy back is essential for both investors and corporate managers alike.When a company decides to buy back its shares, it essentially reduces the number of outstanding shares available on the market. This reduction can lead to an increase in earnings per share (EPS), as the same amount of profit is now distributed over fewer shares. For investors, this can be an attractive proposition, as a higher EPS may indicate better profitability and potentially lead to a rise in the stock price. Additionally, a buy back can be seen as a signal from management that they believe the stock is undervalued, which can further boost investor confidence.Moreover, a buy back can also serve as a method for companies to utilize excess cash effectively. Instead of holding onto surplus cash or distributing it as dividends, management may opt to reinvest in the company by repurchasing shares. This decision can help to optimize the capital structure of the firm, ensuring that funds are used in a manner that maximizes shareholder returns. However, it is crucial for companies to strike a balance between buy backs and reinvesting in growth opportunities, as excessive repurchases can hinder long-term expansion.From a financial perspective, a buy back can improve key ratios such as return on equity (ROE) and return on assets (ROA). By reducing the equity base through share repurchases, the company can enhance its financial performance metrics, making it more appealing to investors. However, it is important for companies to communicate their intentions clearly to avoid any potential backlash from shareholders who may prefer dividends over share buybacks.While the benefits of a buy back can be significant, there are also potential downsides. If a company engages in buy backs during periods of declining performance or economic uncertainty, it may be perceived as a desperate attempt to prop up the stock price. Furthermore, if the funds used for repurchasing shares could have been better allocated towards innovation or other growth initiatives, the long-term consequences could be detrimental.In conclusion, the concept of buy back is a powerful tool in the arsenal of corporate finance strategies. It allows companies to manage their capital effectively while potentially enhancing shareholder value. However, it requires careful consideration and strategic planning to ensure that the benefits outweigh the risks. Investors should remain vigilant and assess the broader context in which a buy back is being conducted, as it can provide valuable insights into the company's overall health and future prospects. Ultimately, a well-executed buy back can reinforce a company's commitment to its shareholders while positioning itself for sustainable growth in the ever-evolving marketplace.
在当今快速发展的商业环境中,公司常常面临重新评估其战略并做出关键决策的情况,以保持其竞争优势。其中一种越来越流行的策略是回购,即公司从市场上购买自己的股票。这种方法可以服务于多个目的,包括提升股东价值、改善财务比率以及向市场传达对公司未来前景的信心。理解回购的影响对于投资者和企业管理者来说都是至关重要的。当一家公司决定回购其股票时,它实际上减少了市场上流通的股票数量。这种减少可能导致每股收益(EPS)的增加,因为相同的利润现在分配到更少的股票上。对于投资者来说,这可能是一个有吸引力的提议,因为更高的EPS可能表明更好的盈利能力,并可能导致股票价格上涨。此外,回购也可以被视为管理层认为股票被低估的信号,这进一步增强了投资者的信心。此外,回购还可以作为公司有效利用多余现金的一种方法。管理层可能选择通过回购股票而不是持有多余现金或分发红利来重新投资于公司。这个决定可以帮助优化公司的资本结构,确保资金以最大化股东回报的方式使用。然而,公司必须在回购和再投资于增长机会之间找到平衡,因为过度的回购可能会妨碍长期扩张。从财务角度来看,回购可以改善关键比率,如股本回报率(ROE)和资产回报率(ROA)。通过通过股票回购减少股本基础,公司可以提高其财务绩效指标,使其对投资者更具吸引力。然而,公司需要清晰地沟通其意图,以避免任何潜在的股东反弹,因为他们可能更喜欢红利而不是股票回购。虽然回购的好处可能是显著的,但也存在潜在的缺点。如果一家公司在业绩下滑或经济不确定时期进行回购,可能会被视为支撑股价的绝望尝试。此外,如果用于回购股票的资金本可以更好地分配用于创新或其他增长项目,那么长期后果可能是有害的。总之,回购的概念是公司财务策略中的一种强大工具。它使公司能够有效管理其资本,同时潜在地增强股东价值。然而,这需要仔细考虑和战略规划,以确保收益超过风险。投资者应保持警惕,评估回购进行的更广泛背景,因为这可以提供有关公司整体健康状况和未来前景的有价值洞察。最终,成功执行的回购可以加强公司对股东的承诺,同时为在不断发展的市场中实现可持续增长做好准备。
相关单词