Expanded Share Buyback

See: Share Repurchase.

Company X was buying back its stock at a clip of 10,000 shares a week, steady Eddie, keeping up with its own dilution via the granting of stock options to employees. It prevented share creep, at least a bit. But then the stock went from $30 to $22 a share, and the company thought that, at $22 a share, their own stock was a steal...so they received Board resolution and expanded their share buyback.

This fine process is usually done via the filing of an 8K form and then a 10b5-1 plan, which clearly states to anyone bored enough to read the forms how and when and in what way the company will buy back its own stock.

Key thought: you do not want to be the lawyers putting together these documents. That circus clown gig would have been way more fun.