![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Sunday, March 04, 2018 9:40:35 PM
By Investopedia Staff | Updated January 4, 2018 — 6:29 PM EST
When a company performs a share buyback, it can do several things with those securities.
1. It can reissue the stock on the stock market at a later time. In the case of a stock reissue, the stock is not canceled, but is sold again under the same stock number as it had previously.
2. It may give or sell the stock to its employees as some type of employee compensation or stock sale.
3. Finally, the company can retire the securities.In order to retire stock, the company must first buy back the shares and then cancel them. Shares can not be reissued on the market, and are considered to have no financial value. They are null and void of ownership in the company.
FEATURED POET and Luxshare Tech Expand Product Offerings for Artificial Intelligence Networks • Aug 1, 2024 9:28 AM
Management Discusses Financial Filings of Global Arena Holding Inc., for 10-K 2023 and 10-Q, 1st Quarter 2024 • GAHC • Aug 1, 2024 9:14 AM
VAYK Announces LOI to Acquire $1 Million Home Service Company to Support Airbnb Business • VAYK • Aug 1, 2024 9:00 AM
Duane Forrester Joins INDEXR as SVP of Search • MONI • Jul 31, 2024 11:46 AM
Lingerie Fighting Championships Help Fulfill Death-Bed Promise With First Major Motion Picture • BOTY • Jul 31, 2024 9:00 AM
Kona Gold Beverage Significantly Reduces Debt from Multiple Holders • KGKG • Jul 31, 2024 9:00 AM