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A stock repurchase program: Multiple Choice requires all shareholders to sell a fraction of their shares. is preferred over a high - dividend program only
A stock repurchase program:
Multiple Choice
requires all shareholders to sell a fraction of their shares.
is preferred over a highdividend program only by taxexempt shareholders.
decreases both the number of shares outstanding and the market price per share.
has no effect on a company's financial statements.
is essentially the same as a cash dividend program provided there are no taxes or other costs.
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