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repurchase (v.)

also re-purchase, 1590s, "purchase again, buy back, regain by purchase," from re- "back, again" + purchase (v.). As a noun, "act of buying again," 1610s, not common before late 19c. Related: Repurchased; repurchasing.

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Definitions of repurchase from WordNet
1
repurchase (v.)
buy what had previously been sold, lost, or given away;
Synonyms: buy back
2
repurchase (n.)
the act of purchasing back something previously sold;
Synonyms: redemption / buyback
From wordnet.princeton.edu