Examlex
Explain the term "extinction."
Excess Cash
Refers to the amount of cash a company holds that is beyond what it requires for day-to-day operations and investments.
Dividend
The distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders. Dividends can be issued as cash payments, as shares of stock, or other property.
Share Repurchase
A company's buyback of its own shares from the marketplace, reducing the number of outstanding shares and potentially increasing share value.
Dividend Per Share
The amount of dividend that a company pays out to each shareholder for each share they own.
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