the acquisition by a listed organization of the very own shares in a choice of the open-market or by tender offers. Organizations try this for many factors: to improve the share price; to rationalise the capital construction; to maintain an increased debt-equity ratio; to avoid the dilution of earnings caused, for example, because of the dilemma of brand-new shares to meet the exercise of stock alternative funds; and deploy extra cashflow by returning it to investors. In the last sense it could be considered to be an alternative to dividend repayments. The distribution is less specific but can have tax benefits over dividends, which are addressed as income.
purchase what had previously been offered, lost, or distributed
In another three years, by 1820, he had so managed his affairs that he was able to buy a small estate adjoining Bald Hills and was negotiating to buy back Otradnoe--that being his pet dream.