Examlex
Define the following terms:
-parens patriae
Stock Repurchase
A company's buyback of its own shares from the marketplace, usually to increase the value of remaining shares by reducing supply.
Book Value
The net value of a company's assets, subtracting its liabilities and intangible assets, often used to assess whether a stock is under- or overvalued.
Cash Dividend
A payment made by a corporation to its shareholders, usually as a distribution of profits.
Reverse Stock Split
A corporate action that reduces the number of a company's outstanding shares by combining them into a smaller number of shares.
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