stock buyback

NOUN
13 LETTERS · STARTS WITH S

stock buyback is a valid 13-letter word worth 31 points in Scrabble and 35 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS
S1T1O1C3K5B3U1Y4B3A1C3K5
1 + 1 + 1 + 3 + 5 + 0 + 3 + 1 + 4 + 3 + 1 + 3 + 5 =31 PTS
DOUBLE WORD → 62TRIPLE WORD → 93
MEANING

What does stock buyback mean?

NOUN · 1 SENSE
1

A corporation's purchase of its own outstanding stock; increases earnings/share so stock price rises (which can discourage a takeover attempt).

BROADER