Assume a perfect capital market Which of the following values tends to increase if a company uses excess cash to buy back shares a Total equity value b The number of shares c Total earnings d The required return of equity ROE e Share price

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Assume a perfect capital market. Which of the following values tends to increase if a company uses excess cash to buy back shares? a. Total

Assume a perfect capital market. Which of the following values tends to increase if a company uses excess cash to buy back shares?

Total equity value

The number of shares

Total earnings

The required return of equity/ROE

Share price

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