Share Buyback Offer Notification

From Open Risk Manual

Definition

Share Buyback Offer Notification. Notification of an offer by the issuing company to existing shareholders to repurchase the company's own shares or other securities convertible into shares.

SWIFT definition full text: "Issuer bid; Reduction of circulation shares; Reverse Rights. Offer by Issuing company to existing shareholders to repurchase the company's own shares or other securities convertible into shares."

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.