A company has just announced a major repurchase of its own shares. Explain the likely effect on

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A company has just announced a major repurchase of its own shares. Explain the likely effect on the company’s EPS and share price.

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Financial Accounting A User Perspective

ISBN: 978-0470676608

6th Canadian Edition

Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry

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Question Posted: Dec 23, 2015 08:36 AM

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A company has just announced a major repurchase of its own shares. Explain the likely effect on

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When a company repurchases its own shares there are fewer shares outstanding Thus provided that n...View the full answer

Financial Accounting A User Perspective

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