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repurchase

About repurchase

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Last updated 3 years ago

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The definition of repurchase in the traditional trading market: Repurchase refers to the behavior of some companies repurchasing a certain number of issued shares of a company from the market by means of cash or other means. After the completion of this share repurchase, the company can cancel the repurchased shares. However, in most cases, the company retains the repurchased shares as "treasury shares", which are still tradable shares, but they do not participate in the calculation and distribution of earnings per share. Like the traditional trading market, the blockchain market also has such measures

Repurchase will benefit the healthy development of the market. Appropriate repurchase can greatly revitalize the market. It can transform the market from a negative state to a good state, or push the good state to another good ecological environment. Singularity Labs will repurchase according to market conditions, and the planned period is 3 months as a time period.