buyback 

67201
单词释义
n.回购;产品返销;补进;回买协议
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单词例句
Hong Yong, an associate research fellow at the Chinese Academy of International Trade and Economic Cooperation's e-commerce research institute, said the latest share buyback will not only consolidate investor trust and support for Alibaba, but also help boost market confidence toward China's internet and tech industry.
中国国际贸易经济合作研究院电子商务研究所副研究员洪勇表示,最新的股票回购不仅将巩固投资者对阿里巴巴的信任和支持,还将有助于增强市场对中国互联网和科技行业的信心。
As of Dec 31, the remaining amount the company's board had authorized for its share buyback plan, which is effective through March 2025, was $11.7 billion, according to Alibaba.
根据阿里巴巴的数据,截至12月31日,该公司董事会为其股票回购计划授权的剩余金额为117亿美元,该计划有效期至2025年3月。
As of Dec 31, 2023, the remaining amount the company's board had authorized for its share buyback plan, which is effective through March 2025, was $11.7 billion, the company added.
该公司补充称,截至2023年12月31日,该公司董事会为其股票回购计划授权的剩余金额为117亿美元,该计划有效期至2025年3月。
The stock buyback plan come after Chinese financial regulators imposed a 7.12 billion yuan fine on Ant Group on Friday for violations of laws on corporate governance, consumer rights and business activities, a move which analysts saidxa0ends a years-long regulatory overhaul of the fintech company.
周五,中国金融监管机构因蚂蚁集团违反公司治理、消费者权益和商业活动方面的法律,对其处以71.2亿元的罚款,分析师表示,此举结束了对这家金融科技公司长达数年的监管改革。
E-commerce giant Alibaba Group Holding Ltd said on Tuesday it expanded its share buyback program to $25 billion from $15 billion, as it emphasized "confidence in the company's continued growth".
电子商务巨头阿里巴巴集团控股有限公司周二表示,将其股票回购计划从150亿美元扩大到250亿美元,并强调“对公司持续增长的信心”。
As of Friday, the company has purchased 56.2 million American depositary shares under the previously announced buyback program of $9.2 billion, the company said in a statement.
该公司在一份声明中表示,截至周五,该公司已根据此前宣布的92亿美元回购计划购买了5620万股美国存托股票。
The largest buyback in Alibaba history will run for two years through March 2024, and the board has authorized the program, according to the company.
该公司表示,这是阿里巴巴历史上最大的一次回购,将持续两年,至2024年3月,董事会已批准该计划。
"The upsized share buyback underscores our confidence in Alibaba's long-term, sustainable growth potential and value creation," said Alibaba Deputy Chief Financial Officer Toby Xu in a statement.
阿里巴巴副首席财务官Toby Xu在一份声明中表示:“大规模的股票回购突显了我们对阿里巴巴长期、可持续增长潜力和价值创造的信心。”。
The expanded buyback is among the largest shareholder-reward programs in China's internet industry, and it came on the heels of Beijing's latest efforts to shore up market confidence and support the economy.
此次扩大回购是中国互联网行业最大的股东奖励计划之一,此前北京方面采取了最新措施来提振市场信心和支持经济。
The buyback "signals where company management sees value, and it may also be a bellwether for where they see regulatory action.
回购“标志着公司管理层看到了价值,也可能是他们看到监管行动的风向标。
Alibaba Group expanded its share buyback program from $15 billion to $25 billion, for the second time in a year.
阿里巴巴集团一年内第二次将其股票回购计划从150亿美元扩大到250亿美元。
The largest buyback in Alibaba history will run for two years through March 2024, the company said in a statement on Tuesday, adding the board had authorized the program.
该公司周二在一份声明中表示,这是阿里巴巴历史上最大的一次回购,将持续两年,至2024年3月,并补充说,董事会已批准该计划。
As of March 18, the company has purchased 56.2 million American depositary shares (ADS) under the previously announced buyback program for $9.2 billion.
截至3月18日,该公司已根据此前宣布的回购计划,以92亿美元的价格购买了5620万股美国存托股。
"The upsized share buyback underscores our confidence in Alibaba's long-term, sustainable growth potential and value creation," said Toby Xu, Alibaba Group's deputy chief financial officer, in a statement.
阿里巴巴集团副首席财务官Toby Xu在一份声明中表示:“大规模的股票回购突显了我们对阿里巴巴长期、可持续增长潜力和价值创造的信心。”。
The rise came after the company said it plans to exercise its power under a buyback mandate to repurchase up to 2.05 billion shares in Hong Kong after Feb 7.
此前,该公司表示,计划在2月7日后行使回购授权的权力,在香港回购多达20.5亿股股票。
The majority of the proceeds will be returned to shareholders through a share buyback program, according to Danone.
Upasana Joshi, associate research manager of IDC India, said: "The continued aggression by the online platforms with attractive cash-back and buyback offers as well as affordability plans like financing options were key in taking the share of the online channel to a record high of 45.4 percent. "
Boosted by the share buyback plan, shares of Yili jumped 8.32 percent to close at 31 yuan Tuesday in Shanghai.
The buyback plan will be completed within 12 months after an approval at the annual general meeting on April 29.
The share price of Ping An Insurance in Shanghai closed 3.31 percent up on Wednesday after announcing its first share buyback plan.
The company expects to receive net after-tax proceeds of $529 million from the sale, and proceeds will help fund a $265 million share buyback of 10 percent of shares on issue as well as future acquisitions.
For new electric vehicle buyers, Genesis Flex financing offers a guaranteed buyback after three years at up to 60 percent of the original price, with low monthly payments.
The move comes after Soft-Bank's announcement last Monday that it is selling $41 billion in assets to help reduce its debt and fund a share buyback.
Shares may stabilize, unlocking listed firms' true value, boosting recoveryThe stock buyback and increased holding plans announced on Monday by some listed State-owned enterprises and industry giants will inject more confidence into the A-share market, buoying its performance, experts said on Tuesday.
Industry giants including Baoshan Iron & Steel Co Ltd, COSCO Shipping Holdings Co Ltd and China Petroleum & Chemical Corp announced their stock buyback plans on Monday.
Four buyback indexes jointly rolled out by the Shanghai Stock Exchange and China Securities Index were released on Tuesday, which market mavens believed would focus market attention on stock repurchases and drive more companies toward buyback announcements.
The China Securities Regulatory Commission, the country's top securities watchdog, said in August that share repurchase or buyback conditions will be relaxed, which will be part of efforts to further invigorate the capital market and boost investor confidence.
While the A-share market bounced back on Tuesday amid buyback plans announced by asset managers and public sector companies, such moves, which indicate the market's bottoming out in the near term, will help further gird investor expectations and market performance, experts said.
At the same time, more than 50 A-share companies have announced buyback plans since August, of which 21 have reported individual repurchase scales of no less than 100 million yuan.
The CSRC also said on Friday that share repurchases or buyback conditions should be further optimized to stabilize and boost share prices, consolidate the foundation of a stable equity market and give more positive signals.
Based on past experience, buyback strategies typically increase when the market approaches unusually low levels, said CICC experts.
Share repurchase or buyback conditions should be relaxed while valuation methods for asset-light technology companies' restructuring plans should be improved, the CSRC said.
Investors should focus on oversold high-quality names and companies with share buyback plans.
Investors could add positions in cyclical and value sectors as well as the stocks with share buyback programs in place with renewable energy operators also among top picks in the near term.
Data from market information provider Easy Board showed that at least 140 A-share companies announced buyback plans in the first quarter of this year, with their total value approaching 42.6 billion yuan ($6.7 billion).
Specifically, the commission will step up efforts to pilot institutional innovation in areas like the registration-based initial public offering, real estate investment trusts and securities class action, while formulating rules for compulsory buyback of fraudulently floated shares and cracking down on illegal margin financing.
As of April 14, a total of 241 listed companies on the A-share market have implemented stock buyback plans this year and 24 companies have announced plans to repurchase stocks, according to the paper.
The buyback move can also help inject vitality into the market and restore market confidence, it said.
A stock buyback, also known as a share repurchase, occurs when a company buys back its shares from the marketplace with its accumulated cash.
A stock buyback is a way for a company to reinvest in itself.
From Jan 1 to Feb 20, a total of 81 listed companies on the A-share market have implemented stock buyback plans, according to data from financial information provider Choice.
The buyback decision can also help a company increase profits, optimize capital and stabilize its stock price, said Tan.
Data from Shanghai-based market tracker Wind Info showed that by March 15 this year, 208 A-share companies had announced 223 buyback plans worth more than 60 billion yuan ($8.9 billion), four times the number during the same period last year.
Ping An Insurance (Group) Company of China announced on March 12 its buyback plan worth around 5 billion yuan to 10 billion yuan, the largest so far this year.
It is the first time that the insurance giant has announced a buyback.
In some cases, companies appear to be keen on a buyback as their share prices seem undervalued, and they wish to provide investors with a decent return on their investment.
The company's A-share price gained 3.31 percent the day after the buyback plan was announced, when the benchmark Shanghai Composite Index slipped more than 1.09 percent.
"We have made the buyback announcement as the central regulators have revised regulations on buybacks, including the use of repurchased shares and cancellation time.
More flexibility has been provided to companies," said Yao, hinting there could be more buyback plans from Ping An in the future.
The China Securities Regulatory Commission, the Ministry of Commerce and the State-owned Assets Supervision and Administration Commission jointly released a guideline in mid-November to simplify the implementation process of companies' buyback plans.
Apart from Ping An, 11 listed companies have buyback plans valued at over 1 billion yuan each.
Wind Info data showed that 70 percent of buyback companies have seen their share prices rise more than the benchmark indexes.
Their total buyback value spiked 575 percent year-on-year to reach a historic high of 53.43 billion yuan, which was equal to the total value registered between 2015 and 2017.
"The buyback tide showed companies believed their share prices were already at a low level," the China Securities Journal cited an analysis note from private equity firm Beijing Heju Investment as saying.
The China Securities Regulatory Commission, the Ministry of Commerce and State-owned Assets Supervision and Administration Commission jointly released a guideline on Friday to expand the financing channels and simplify the implementation process for companies' buyback plans.
The new guideline also stipulates that public companies are encouraged to introduce buyback mechanisms in their articles of incorporation, to improve communication between management and shareholders.
Shanghai-based Wonders Information, Jiangxi Fushine Pharmaceutical and Wuxi Honghui New Materials Technology all announced buyback plans on Sunday, shortly after the guideline was released.
In a typical equity incentive plan, employees are awarded stock options in the company if they achieve a performance target over a time period of two or three years, while the current law requires companies to transfer the ownership of repurchased stocks within a year of the buyback.
The numbers represented sharp increases from 2017, when public companies on the A-share market conducted 565 share buyback operations, with shares worth 9.2 billion yuan repurchased.
The buyback scheme would support the value of stocks and boost overall market sentiment, according to Yang Delong, chief economist of First Seafront Fund.
"This will become a major breakthrough for China's buyback system, exerting profound impact on public companies' adjustment of their share structure and perfecting the noncash incentives such as equities and stock options," he said.
Data from Shanghai-based market tracker Wind Info showed that a total of 697 A-share listed companies had announced their buyback plans by Thursday.
Appliances giant Midea Group announced on July 4 a 4 billion yuan buyback to be completed in 12 months.
As the market caps of A-share companies have been low during the first half of this year, a large number of listed companies have announced buyback plans to perk up market sentiment, insiders said.
On July 8, the Shanghai Stock Exchange website disclosed that 21 listed companies had announced buyback plans worth 10.1 billion yuan ($1.5 billion) this year.
On June 28, Zhejiang Daily Digital Culture Group attributed its 800 million yuan buyback to similar reasons.
Among them, appliances giant Midea Group announced on July 4, a 4 billion yuan buyback to be completed in 12 months.
The buyback plan, upon execution, would be the largest of its kind in the history of A shares.
The Shenzhen Stock Exchange said on its website the buyback plans show listed companies are confident about their businesses, profitability and development outlook.
According to market insiders, a company generally resorts to a buyback if it feels that its shares are undervalued.
Another reason for a buyback is to reward the company's employees.
A uniquely Chinese take on the equity buyback, loss-free pledges can be a lifeline for companies with few other options, according to Credit Suisse Group AG.
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