self-tender
noun[U]
FINANCEukusasituationin which acompanybuysback some ofitsownsharesfromshareholdersat apricehigherthanmarketvalueinordertoavoidsomeoneelsebuyingthecompany:
Undertermsof theself-tenderoffer,investorscanspecifywhere in thepricerangethey'rewillingtosell.