buy back

简明释义

回销

英英释义

例句

1.The tech company announced it would buy back $1 billion of its stock this year.

这家科技公司宣布今年将回购10亿美元的股票。

2.After the market crash, many investors were eager to buy back their stocks at a lower price.

市场崩溃后，许多投资者急于以更低的价格回购他们的股票。

3.The government plans to buy back old vehicles to reduce pollution.

政府计划回购旧车辆以减少污染。

4.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。

5.He had to buy back his old guitar from the pawn shop.

他不得不从典当行回购他的旧吉他。

作文

In the world of finance and business, the term buy back refers to a company's repurchase of its own shares from the marketplace. This strategy can be employed for various reasons, including boosting the stock price, consolidating ownership, or utilizing excess cash efficiently. When a company decides to buy back its shares, it essentially reduces the number of outstanding shares in the market, which can lead to an increase in the value of the remaining shares due to the principle of supply and demand. One of the primary motivations behind a buy back is to signal confidence in the company's future prospects. When management believes that their stock is undervalued, they may opt to buy back shares as a way to demonstrate their belief in the company's potential growth. This act can also serve to reassure investors that the company is in a strong financial position and is committed to enhancing shareholder value. Moreover, buy backs can be a strategic move to improve financial ratios. By reducing the number of shares outstanding, a company can increase its earnings per share (EPS), making the company appear more profitable to investors. This can be particularly beneficial when a company is facing pressure from shareholders to deliver better returns. In such cases, a buy back can provide an immediate boost to the stock price, which can help appease investors. However, there are also criticisms associated with buy backs. Some analysts argue that companies may prioritize repurchasing shares over investing in long-term growth initiatives, such as research and development or capital expenditures. This short-sighted approach can ultimately hinder a company's ability to innovate and compete in the marketplace. Critics also point out that buy backs can sometimes be used to artificially inflate stock prices, creating a temporary illusion of financial health without addressing underlying issues. In addition to these financial implications, buy backs can also have tax advantages for shareholders. In many jurisdictions, capital gains from selling shares are taxed at a lower rate than ordinary income. When a company opts to buy back shares instead of paying dividends, shareholders may benefit from this tax treatment, making buy backs an attractive option for both companies and investors alike. Overall, the decision to buy back shares is a complex one that requires careful consideration of a company's financial health, market conditions, and long-term strategy. While buy backs can provide immediate benefits in terms of stock price appreciation and improved financial metrics, they also carry risks that must be weighed against potential rewards. Therefore, it is essential for companies to strike a balance between returning capital to shareholders through buy backs and investing in sustainable growth initiatives that will drive long-term success. In conclusion, the concept of buy back is a multifaceted strategy that can have significant implications for companies and investors alike. Understanding the motivations behind buy backs, as well as their potential benefits and drawbacks, is crucial for making informed investment decisions and evaluating a company's overall health and strategy.

在金融和商业的世界中，术语回购指的是公司从市场上重新购买其自身股票的行为。这种策略可以出于多种原因，包括提升股价、巩固所有权或有效利用多余现金。当一家公司决定回购其股票时，它实质上减少了市场上的流通股数量，这可能导致剩余股票的价值因供需原理而上升。

进行回购的主要动机之一是向市场传达对公司未来前景的信心。当管理层认为其股票被低估时，他们可能选择回购股票，以展示他们对公司潜在增长的信念。这一举动还可以向投资者保证公司处于强劲的财务状况，并致力于提升股东价值。

此外，回购也可以作为改善财务比率的战略举措。通过减少流通股数量，公司可以提高每股收益（EPS），使公司在投资者眼中显得更加盈利。这在公司面临股东施压以实现更好回报的情况下尤为有利。在这种情况下，回购可以为股价提供即时的提升，有助于安抚投资者。

然而，回购也存在一些批评意见。一些分析师认为，公司可能会优先考虑回购股票，而不是投资于长期增长计划，例如研发或资本支出。这种短视的做法最终可能会阻碍公司创新和在市场上的竞争能力。批评者还指出，回购有时可能被用来人为地抬高股价，创造出一种暂时的财务健康假象，而不解决根本问题。

除了这些财务影响外，回购对于股东来说也可能具有税收优势。在许多司法管辖区，从出售股票中获得的资本收益的税率通常低于普通收入税率。当公司选择回购股票而不是支付股息时，股东可能会受益于这种税收待遇，使得回购成为公司和投资者都具有吸引力的选择。

总体而言，进行回购的决策是一个复杂的过程，需要仔细考虑公司的财务健康、市场条件和长期战略。尽管回购可以在股价上涨和财务指标改善方面提供即时利益，但它们也带来了必须权衡的风险。因此，公司必须在通过回购向股东返还资本和投资于可持续增长计划之间找到平衡，这将推动长期成功。

总之，回购的概念是一种多方面的战略，可能对公司和投资者产生重大影响。理解回购背后的动机，以及它们的潜在利益和缺陷，对于做出明智的投资决策和评估公司的整体健康状况和战略至关重要。