Why Purchase a Stock Through a Buy Back Transaction?
Some organizations also choose to use IT buy back to help retain control of the share price during the growth stage of a business. When this is done, the company does not have to issue shares in order to gain more profit as a result of their increased size and their greater ability to make a profit.
Read more: https://theperfectdrift.net/asset-management/why-purchase-a-stock-through-a-buy-back-transaction.html