Systems and methods for corporate share buyback
US7539642B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Oct 27, 2004 |
| Grant date | May 26, 2009 |
| Priority date | — |
| Expiry date | Jun 30, 2027 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/04
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Systems, methods and computer program products enable companies to consistently repurchase corporate stock at a price below the industry-standard Volume Weighted Average Pricing (VWAP). Historical trade data is analyzed to identify prior prime purchasing opportunities that are used in determining a baseline. During each trading period, as a favorable purchasing opportunity arises, the amount of corporate stock to be purchased is adjusted based upon the strength of the current pricing when compared to the baseline. That is, when the current pricing is identified as being highly favorable, more shares of corporate stock are purchased. Accordingly, this dynamic purchasing scheme allows companies to consistently repurchase corporate stock at favorable prices.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.