It's actually I'm the holder of the repurchase agreement.

实际上 我是这份购协议的持有者。

Sometimes it's called a repo transaction or a repurchase agreement.

有时被称作购交易或者附买协定。

So the money lender-- so I get the watch and a repurchase agreement.

也是贷款方所以我得到这块手表和一份购协议。

So these repurchase agreements--they're included in these securities because they're not just agreements, right?

这些购协议包括在有价证券之中是因它们不仅仅只是协议？

In the past five years it has paid $26bn in dividends and share repurchases.

在过去五年中，它支付了260亿元的股息和股票购费用。

Apple spent more than $92bn repurchasing shares in the 12 months to March.

在截至 3 月份的 12 个月里，苹果花费了超过 920 亿元购股票。

You can repurchase those books on Kindle.

你可以在Kindle上重新购买那些书籍。

I noticed that you guys are pretty darn active at repurchasing stock in 10 years.

我注意到你们在过去十年里非常积极地购股票。

And you can also-- you get a clue of what repurchase agreements are because here they say securities held outright, right?

你也可以得到一些关于购协议的线索因在这儿说的是直接持有证券 对吗？

Mentions of repurchases are on the rise but acquisition shows up just three times this year.

关于购的提及越来越多，但收购一词今年仅出现了三次。

They mounted an aggressive defense, authorizing the repurchase of a fifth of CBS stock from investors.

他们采取了积极的防御措施，授权从投资者手中购五分之一的CBS股票。

The company was repurchased by the entrepreneur that sold the company for $18 million for about $300,000.

该公司被原以1800万元出售的企业家以约30万元的价格购。

Fork lots of it out to shareholders through dividends and share repurchases, which big tech tends to shun.

大量通过分红和股票购返还给股东，而大型科技公司通常不喜欢这样做。

And they repurchased the Bugatti, the rights to the Bugatti name, which had gone to an Italian company.

他们重新购了布加迪， 即布加迪品牌名称的使用权，此前这一权利已转至一家意大利公司。

So one is some companies will repurchase their shares, as we were talking about a little bit earlier.

因此， 一种情况是一些公司会购自己的股票，正如我们之前稍微提到的那样。

We know that we have so much more to do, and we have done a ton of share repurchases.

我们深知还有许多工作要做，并且我们已经进了大量的股票购。

The Bank of Korea, for example, has resolved to buy unlimited amounts of bonds from financial institutions that promise to repurchase them after three months.

例如，韩国已经决定从金融机构购买无限量的债券，这些机构承诺在3个月后购这些债券。

And because of $2.2 billion in stock repurchases conducted during the year, RH acknowledged that it ended the year with meaningful debt.

由于年内进了22亿元的股票购，RH承认其年底背负了相当大的债务。

And while that's true to some degree, what truly matters in buybacks is whether the stock was repurchased below intrinsic value or not.

虽然在某种程度上确实如此，但真正重要的是股票购是否低于内在价值。

It can keep that cash on the balance sheet, pay down debt, distribute dividends, repurchase its own shares, make an acquisition, or reinvest back into the business.

它可以将这笔现金留在资产负债表上，偿还债务， 分配股息，购自己的股票， 进收购，或将资金再投资业务中。