Who purchases the shares sold by a share holder if there is no immediate purchaser of the share?

who purchases the shares sold by a share holder if there is no immediate purchaser of the share? can a company deny buying back shares if there is no ready customer to immediately buy back.|||Stock markets are like an auction and you cannot sell unless someone is willing to buy at your price. If that is the case, you have to lower your price until someone is willing to buy. One thing you have to consider when investing is liquidity, because if a stock is lightly traded (low volume) you may not find a buyer when you want one and the price will be volatile.|||The company doesn't need to buy them back. There should be a market maker for shares who will buy or sell as needed to keep the stock moving.





Penny shares are stocks that are less than a dollar and sold on pink slips not on a stock exchange they may not have a buyer or seller so you may not be able to trade at any price until someone else is ready to deal. Then you can only get what someone will offer.|||Many stocks have brokerages that are assigned "Market Makers". their job is to keep the trading steady and consistent, by selling if there is a rush of buyers, and buying if there is a rush of sellers.