14. Stock repurchase can provide information of: A. Management believes the current price is low B. The stock price often decreases when repurchase announced C Management believes the current price is high D. The stock price will not be affected by the announcement 15. Which of the following statement is/are correct? ndividuals in upper income tax brackets might prefer lower dividend payouts Stock dividends increase the number of outstanding shares A. B. C. Managers are reluctant to cut dividends All the above