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1.Explain what is meant by stock buyback . Your answers need to include: (a)The motivation of the company to conduct a stock buyback? (b)When (in

1.Explain what is meant by stock buyback. Your answers need to include:

(a)The motivation of the company to conduct a stock buyback?

(b)When (in what situations) does the company possibly buy back their stock?

(c)The expected impact of a stock buyback on the company's stock performance?

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