Buyback (noun)

1. A business or financial term used to describe a situation where a company repurchases its own shares from shareholders.
2. A situation in which a company or government repurchases a previously sold asset or commodity.

Origin:

From buy (to acquire in exchange for money) + back (to regain possession).

Examples:

1. The company's buyback program allowed shareholders to sell their shares back to the company.
2. The buyback helped to boost the company's stock price.
3. The government implemented a buyback program for citizens to turn in their illegal firearms.
4. The buyback was a way for the company to increase its ownership of its own shares.
5. The buyback allowed the company to have a greater control over its own stock.