Stock buyback - A public company's repurchase of stock from stockholders. Stock buybacks are done when management considers the stock to be undervalued and repurchase of stock to be a good investment and best use of available cash. Investors usually view buybacks as a positive indicator of value. A 2 for 1 split results in a stockholder's having twice as many shares worth half as much money each. There are other kinds of splits, for instance 3 for 1 splits.
Reverse splits are possible.
Target price - A stock analyst's prediction of the price a stock will reach in a given time period. Tender offer - A public offer to buy a specified amount of a company's stock, at a given price and by a given time, sometimes with the intent of taking over that company. A tender offer is usually accompanied by a rise in stock price. Undervalued - Refers to a stock which, based on the company's assets, earnings, or history, is generally worth more than its current market price indicates. Investors who buy these stocks usually intend to hold them long term in the expectation that the stock price will rise to reflect the company's performance.