Examlex
Responsibility center control tends to follow a centralized decision-making system.
Share Repurchase Program
A plan initiated by a company to buy back its own shares from the marketplace, often to reduce the supply of shares available and thus increase the value of remaining shares.
Open Market
An economic system in which prices for goods and services are determined by unrestricted competition between privately owned businesses.
Stockholders
Individuals or entities that own shares in a corporation, thereby having an ownership interest in the company.
Stock Repurchase
When a company buys back its own shares from the marketplace, reducing the amount of outstanding stock on the open market.
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