One reason a company will repurchase its own shares is to help avoid a takeover of the company by an outside party.

Name: One reason a company will repurchase its own shares is to help avoid a takeover of the company by an outside party.
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Repurchasing its own shares reduces the number of outstanding shares, which makes it more difficult and expensive for an outside party to acquire a controlling interest in the company. This is known as a "poison pill" defense against takeovers.

One Reason a Company Will Repurchase Its Own Shares Is