33.

Which of the following statements is most correct regarding stock splits and repurchases?

Group of answer choices

None of the statements are correct.

On average, a company's stock price tends to rise when it announces that it is initiating a share repurchase program.

If a company does a 2-for-1 stock split, its stock price should roughly double.

Share repurchases are taxed less favorably than dividends; this is why companies typically pay dividends and avoid share repurchases.