Explain how a repurchase changes the number of shares but not the stock price.

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Intermediate Financial Management

ISBN: 9781337395083

13th Edition

Authors: Eugene F. Brigham, Phillip R. Daves

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Question Posted: Mar 10, 2024 12:02 AM

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Explain how a repurchase changes the number of shares but not the stock price.

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A repurchase or share buyback occurs when a company buys its own shares from the open market or dire...View the full answer

Intermediate Financial Management

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