I read about a possible stock buyback and that there was another buyback last fall. I never heard of that and was not informed by Winn-Dixie that such a buyback took place. When a company buys back its own shares, it usually purchases them on the open market at the prevailing price. This is what Winn-Dixie is doing. I can assure you that Winn-Dixie was not trying to keep these buybacks a secret.
Companies typically announce buybacks in an effort to boost a sagging share price.
The directors want to tell the world that they consider the stock undervalued. The hope is that investors will take a look at the stock and buy some shares themselves. Of course you are free to sell your stock any time the stock market is open. To do so, you will need to open an account with a brokerage firm if you do not have one. Q. I have savings bonds I purchased through payroll deduction from 1974 to 1979 in my name with my husband as beneficiary.