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Would like to know about company "stock repurchases". Who's stock? Can a company repuchase someones stock if they so desire?

The company is seeking to buy back the stock it had formerly issued and is now in the hands of investors. It may do so on the open market, via an offer letter sent out to all shareholders, or in a totally private transaction with a few large shareholders.

The only ways the company can force you to sell your stock are:
- company merges with (or is bought by) another company
- company goes private
- company does a reverse split and your position size is below the split size (e.g. 200 shares)

Typically all of these require "approval" -- the consent of a certain percentage of the shareholders. So the folks who own 20% or more of the company really control this.

If your company has multiple classes of stock (e.g. Google, Berkshire Hathaway, the New York Times) one class of stock typically has more voting rights than the other one, and the people who control the voting shares control whether the buyout occurs.

Sometime I'm looking up a companie's info on a web site which says nothing about company debt.

The annual report should have the info, but the SEC filings are really the only way to find out. There are services out there that predigest the SEC filings so they're easier to interpret, but you have to pay.
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